Turkmenistan, Azerbaijan are ready to strengthen energy and transport cooperation

Ashgabat, Turkmenistan, Nov. 23

By Huseyn Hasanov- Trend:

Turkmenistan and Azerbaijan intend to strengthen the energy and transport cooperation. This topic was discussed during the meeting between President of Turkmenistan Gurbanguly Berdimuhamedov and the First Deputy Prime Minister of Azerbaijan Yagub Eyyubov, the Turkmen media reported Nov. 22.

The meeting was held in Ashgabat as part of the Summit of Heads of Governments of the CIS countries, Altyn Asyr national TV channel reported.

The energy cooperation aspects of both countries were discussed. Both countries with the largest oil and gas deposits pay special attention to this sphere.

"Having huge resources and economic opportunities, the two neighboring countries intend to continue strengthening the traditional cooperation, based on the principles of equality and mutual benefit," a statement says.

Eyyubov appreciated Turkmenistan's constructive strategy of establishing the multiple systems of the transit transport corridors and energy export to the world markets, Vatan newspaper wrote.
Eyyubov expressed Azerbaijan's great interest in constant strengthening of the productive business relations aimed at promoting sustainable economic development of the Caspian Sea region.

"In this regard, it was stressed that the Caspian Sea remains a sea of friendship and harmony of the fraternal neighboring peoples," a statement says.

The geographical position of the two neighboring countries creates favorable conditions for the effective measures in implementing the projects to build the transcontinental transit transport corridors, ensuring optimal profitable onshore and offshore routes for cargo transportation and their integration into the international transport infrastructure.

The sides also exchanged views on a number of regional and international issues of mutual interest.

"Berdimuhamedov and Eyyubov confirmed readiness of the two countries to actively promote the positive, creative processes in the region and worldwide," the Neutral Turkmenistan newspaper wrote.

Turkmenistan is one of the key players on the gas market in the Caspian region. It is interested in diversifying the sale markets. If we talk about the European direction, laying a 300-kilometer gas pipeline across the Caspian Sea to the coast of Azerbaijan would be the most optimal route. It has an appropriate infrastructure for re-export of Turkmen gas to Turkey and Europe. There is a joint commission, consisting of Turkmenistan, Azerbaijan, Turkey and the EU.

As for the transport sector, Turkmenistan previously expressed an interest in joining the Baku-Tbilisi-Kars (BTK) transport project. Azerbaijan, Georgia and Turkey are implementing a project for the construction of the BTK new railway line, designed for the transportation of goods from China and Central Asia.

A five-sided meeting has been recently held in Ashgabat. The draft agreement on the Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey transport transit corridor was discussed there. The representatives of the delegations of the above-mentioned countries attended this meeting.

The experts of the member-states believe that the initiative is timely. It will contribute to further progress and prosperity of each country in the region by expanding the general trade volumes and reducing the cost of transit of goods.

for any questions or feedback follow the author on: @AygunBadalova

Kazakhstan, Norway trade turnover increases despite COVID-19
Kazakhstan, Norway trade turnover increases despite COVID-19
EPR approves creation of Human Security Trust Fund for Aral Sea region in Uzbekistan
EPR approves creation of Human Security Trust Fund for Aral Sea region in Uzbekistan
Russian research institute names necessary measures to mitigate pandemic impact on Turkmenistan
Russian research institute names necessary measures to mitigate pandemic impact on Turkmenistan
Loading Bars
Iran to reinstated several mines
Iran's import of Turkish furniture down significantly
Iran to provide free electricity to low consumption users in Tehran
Kazakhstan, Norway trade turnover increases despite COVID-19
EPR approves creation of Human Security Trust Fund for Aral Sea region in Uzbekistan
Azerbaijan’s territorial integrity to be fully restored soon: Leader of Russian party
Azerbaijani banks foreign currency demand disclosed
Oil bitumen imports decline in Georgia
Russian research institute names necessary measures to mitigate pandemic impact on Turkmenistan
Kazakhstan’s KazMunayGas to create system for managing field development process
Iran, Syria are expected to barter trade
Azerbaijani president renames liberated village of Khojavand district
Azerbaijani Express Bank's assets decrease
Armenian Defense Ministry once again admits retreat
Azerbaijani flag in Zangilan city (VIDEO)
Turkish wood, furniture exports to Georgia down - Trade Ministry
Turkey's export of wood, furniture to Iraq declines
Azerbaijani minister talks benefits of hydrowater plants on border with Iran
Armenia's current leadership unable to solve real problems well - Russian political strategist
Azerbaijani president: Zangilan city and 6 villages of district, 18 villages of Fuzuli, Jabrayil and Khojavand districts liberated
Locally-made furniture exports to France increase, says Turkish Trade Ministry
Over 170 mb of ACG oil loaded from Ceyhan terminal
Regular direct flights by several airlines resume in Georgia
Imports of Turkish furniture by Morocco drops marginally
Iran reveals its COVID-19 data for October 20
Speaker of Turkish Grand National Assembly visits Azerbaijan’s Ganja (PHOTO/VIDEO)
Georgia to export fresh pinecones to EU market
Azerbaijan increases export of petrochemicals
EIB supports construction of Innovation Center in Georgia
President Ilham Aliyev addresses the nation
Missile attacks on cities, its residents, civil objects inhuman - Kazakh ambassador in Azerbaijan
Azerbaijani servicemen contributing to victories of country's army (PHOTO)
Azerbaijani methanol plant unveils export indicators for 9M2020
Azerbaijani army destroys numerous Armenian servicemen, military equipment (VIDEO)
Review of producer price indices for services in Georgia
Azerbaijan records growth in gas exports
Export of confectionery products increase in Uzbekistan for 9M2020
Russia's leading research institute talks COVID-19 impact on Turkmenistan
Azerbaijan ups import of Turkish wood, furniture
Export of furniture, wood from Turkey to US more than doubles in 9M2020
Turkey's 9M2020 export of wood, furniture to Germany grows
Precious metal prices in Azerbaijan down
Enagas reveals investment plans for TAP
Kazakhstan's export to Ukraine down twofold amid COVID-19
Iran reveals amount of investments made on buying agricultural machinery
EU and Uzbekistan eye to expand scope of co-op
Armenia’s demographic challenges: Depopulation & Racist Policy
Turkmengas re-opens tender for maintenance of gas turbine compressors
Value of exports from Uzbekistan down for 92020
Armenia: Acquired investment deficit syndrome
Enagas sees over 4.5% increase in net profit
Terminal on exports of agricultural goods to be built in Iran's Astara County
Russian Gazprombank says Azerbaijani GDP dynamics in line with expectations
Territories of Azerbaijani Terter and Aghdam regions under fire
Armenia's dastardly crimes won’t go unpunished, says speaker of Azerbaijan's Parliament
Azerbaijani FM meets Turkish Parliament's speaker
Azerbaijani FM Bayramov to meet US Secretary of State Pompeo
Azerbaijani oil prices fluctuate
Georgia sees increase in PPI for Industrial Products
Azerbaijani Prosecutor General's Office gives updates on civil casualties, damages
Chairperson of Azerbaijan's parliament talks Turkish Grand National Assembly's support
Production of vehicles in Azerbaijan continues growth
Cargo transportation volumes decrease in Kazakhstan country-wide
Manufacturing enterprises launched in industrial parks of Iran's Qazvin Province
Carpet exports from Turkey to Uzbekistan decreased - Trade Ministry
Ukraine slightly reduces import of Turkish carpets
Kazakhmys made progress towards reducing its dependence on outward reinsurance - Fitch
Pakistan's imports of Turkish carpets down
Uzbekistan, S.Korea in talks over developing metal ore deposit in Uzbekistan’s Navoi
Turkey always next to Azerbaijan on int'l arena - parliament's chairman
After plenary session in Baku, Turkish Parliament's speaker leaves for Ganja
Balkan Department of Turkmenistan’s Construction Ministry exceeds production plan
OSCE MG shows no necessary will to resolve Karabakh conflict - Turkish Parliament speaker
Volume of market services in Uzbekistan up for 9M2020
Georgia reports 1,194 new coronavirus cases
Kazakhstan’s Ulba Metallurgical Plant to buy petroleum products via tender
Domestic Producer Price Index for Industrial Products up in Georgia
Iranian minister declares amount of revenues from sales of state-owned shares
Azerbaijan's Blasto CJSC wins tender opened by local mining company for exploration work
Kazakhstan's Air Astana opens tender to buy fuel
Azercell continues to support medical staff fighting coronavirus
Euronext's stock markets resume trading after previous day's glitches
Import Price Index up in Georgia
Georgia to resume regular flights to 10 more cities
Azerbaijan Army inflicting strikes at firing points of Armenian armed forces (VIDEO)
Damage to Azerbaijan's Ganja city from Armenian aggression revealed
Azerbaijani, Pakistani FMs hold phone conversation
Azerbaijan reveals production, retail sales volumes of ICT products for 9M2020
Armenia - source of threat to entire region, says Turkish parliament's chairman
Kazakhstan’s Air Astana reducing flights to Turkey, UAE, Ukraine and Germany
UK firms regularly send enquiries about energy projects in Azerbaijan
IMF announces forecast for Azerbaijani Central Bank's foreign exchange reserves
Uzbekistan's GDP up for 9M2020
IMF releases forecast of Azerbaijan's oil sector for 2020-2021
Kazakhstan's Tengiz field using technologies to keep employees away from high-risk areas
UAE government delegation heads to Israel for first official visit
Weekly review of Georgian capital markets
Russian power engineering company completes assembly of third hydroelectric unit of Uzbek HPP
Syrian tribes condemn Armenia's alliance with YPG Kurds
IMF forecasts growth of Azerbaijan's gas exports in coming years
All news