French Total Company stands ready for onshore and offshore cooperation with Turkmenistan
Turkmenistan, Ashgabat, Oct. 24 /Trend, G.Hasanov/
Any form of cooperation with
Turkmenistan will be suitable for French Total Oil and Gas Company, said Total CEO Christophe de Margerie at a meeting with President Gurbanguly Berdimuhamedov, local media reported on Wednesday.
Total holds talks in Turkmenistan on the details of a Production Sharing Agreement (PSA) to develop the Turkmen sector of the Caspian Sea, which is prepared to be signed.
Vatan newspaper reported that the head of Total said that "he believes perspective the cooperation with Turkmenistan, particularly in view of ... initiated fundamental changes, particularly in the energy sector." De Margerie also noted the huge resource potential of Turkmenistan and the "investment climate".