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Turkmenistan promotes big investment oil & gas projects

Oil&Gas Materials 18 March 2018 14:13 (UTC +04:00)

Ashgabat, Turkmenistan, March 18

By Huseyn Hasanov – Trend:

Measures are being taken to promote a number of major investment projects in the oil and gas industry in Turkmenistan, the Turkmen Dovlet Habarlary state news service reported.

Deputy Prime Minister of the country, Maksat Babayev, made a report on this issue at a governmental meeting.

The report was about increasing the production potential and diversifying the fuel and energy complex, increasing the volume of production of oil and gas products, expanding its range.

President Gurbanguly Berdimuhamedov stressed that an important aspect of Turkmenistan’s energy strategy is the country's active participation in international energy cooperation.

“Having the status of an energy power, Turkmenistan will continue to build a policy in this area in accordance with national interests, on the principles of openness, pragmatism and mutual benefit, to consistently strengthen its positions on the world energy markets,” the Turkmen president added.

During the meeting, the Turkmen deputy prime minister was instructed to expand the productive partnership with leading oil and gas companies with advanced experience, technical and technological capabilities.

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