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Turkmen President: Global emergencies cannot compromise safe transport of energy

Oil&Gas Materials 23 May 2013 16:16 (UTC +04:00)

Turkmenistan, Ashgabat, May 23 / Trend, H. Hasanov /

Turkmen President Gurbanguly Berdimuhamedov drew attention to the fact that the transit of energy resources must be independent of random global political and economic emergencies," Turkmen Dovlet Khabarlary said today.

According to the paper, Turkmenistan's priority is to establish an international system of cooperation that deals with mutual interests and is based on economic viability and healthy competition. This was recently stressed at a special meeting of the Gas Conference in Ashgabat.

Turkmenistan was inspired to do this by the results of the Ashgabat Gas Conference, which attracted 500 participants, including representatives of government agencies and 150 world oil and gas companies from more than 30 countries.

Among the speakers were representatives of Chevron, Exxon-Mobil, BP, Shell, Hyundai Engineering, Pietro Fiorentini, Honeywell, Halliburton, СРЕСС and others.
The UN News Center has recently reported that the delegates of the 67th session of the UN General Assembly adopted a resolution on the transit of energy resources thanks to a Turkmen initiative. More than 70 countries co-authored the document. Ashgabat proposed that it hold the international meeting of experts on the topic in early 2014.

Turkmenistan is one of the key players in the gas market in the Caspian region and Central Asia. At present, China, Iran and Russia use Turkmen gas. Turkmenistan ranks fourth in the world on natural gas reserves. It is looking for new markets in Europe and South Asia.

Turkmen Dovlet Khabarlary stressed that Turkmenistan stands for broad international cooperation in finding the ways to ensure the reliable transportation of energy to international markets through pipelines and other means.

According to the given information, the coordinated actions of producer, transit and consumer countries are capable of optimizing economic development, including the creation of the infrastructure required for energy resources transportation are necessary in these circumstances.

This can be done on the basis of five major components, namely, the legal basis, the resource base, environmental safety, cost-based tariffs and availability of long-term contracts for the supply and transportation.

"Turkmenistan attaches great importance to the development of new gas transmission networks and systems of underground gas storage facilities and will continue to consider joint projects of natural gas transportation," the Neutral Turkmenistan newspaper said.

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