Turkmenistan, Ashgabat, Nov. 16 / Trend H. Hasanov /
An international energy conference opens in Ashgabat on Wednesday. On the agenda are the issues of developing Turkmenistan's oil and gas industry for 20 years of independence and the prospects of international cooperation.
The Ministry of Petroleum and Mineral Resources is the conference organiser and around 500 representatives from oil, gas and service companies from Azerbaijan, the U.S, Russia, Great Britain, China, and France, UAE, Japan and several European countries will attend the forum.
Under discussion will be issues relating to the cooperation in the fuel and energy complex. The workshop is being held covering various aspects of national legislation and taxation in the oil and gas field, especially the investment climate in Turkmenistan, wider opportunities and various aspects of the international partnership.
"The Turkmen market is very attractive for representatives of international business circles due to huge hydrocarbon reserves and favourable investment climate created in the country," the Neutral Turkmenistan newspaper said on Wednesday.
President Berdimuhamedov expressed his confidence that the event will be another good opportunity to determine promising areas of joint work on mutually beneficial terms with anyone who wishes to become the country's partner.
Turkmenistan has recently carried out a number of major projects in the gas transportation infrastructure. The pipeline to China was commissioned in December 2009. An additional branch to Iran opened in January 2010 and the energy sale market has expanded.
The additional gas pipeline to Russia (Caspian - via Kazakhstan), Europe (Nabucco - via the Caspian Sea through Azerbaijan) and India (the Trans-Afghanistan Pipeline via Pakistan) are among the projects up for discussion.