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Turkmenistan, French Total discuss prospects for cooperation in oil, gas industry

Oil&Gas Materials 28 May 2020 13:01 (UTC +04:00)
Turkmenistan, French Total discuss prospects for cooperation in oil, gas industry

BAKU, Azerbaijan, May 28
By Jeila Aliyeva - Trend:

Turkmenistan and French Total company have discussed prospects for cooperation in the oil and gas industry, Trend reports with reference to Turkmenistan’s State News Agency.

The Ministry of Foreign Affairs of Turkmenistan hosted a videoconference with Stephane Michel, senior vice president of Total company, on May 27, 2020. Turkmenistan was represented by officials of the ministry, Turkmengeologiya state corporation, and Turkmennebit and Turkmengas state concerns.

The parties stressed the potential for enhancing partnership in geological exploration and seismic research, industrial development of fields, both in the Turkmen sector and in the coastal zone of the Caspian Sea. The intensification of hydrocarbon production, modernization of gas and petrochemical industry, and the development of gas transportation infrastructure were also highlighted as sectors with potential for advanced partnership.

Special emphasis was placed on the introduction of modern technologies and digital systems in the industry. The parties also noted the necessity to cooperate in training of qualified personnel.

President of Turkmenistan Gurbanguly Berdimuhamedov received the head of Total company in Ashgabat in 2012. During the meeting, it was noted that the company is ready to increase the partnership with Turkmenistan in the field of investment, exploration, development and exploitation of oil and gas fields.

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Follow the author on Twitter: @JeilaAliyeva

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