ASHGABAT, Turkmenistan, April 25. Turkmenistan is actively attracting foreign investments and advanced technologies to implement large-scale economic tasks in the energy sector, Trend reports.
This was stated by the Deputy Chairman of the Cabinet of Ministers of Turkmenistan, Batyr Amanov, during the International Forum to Attract Foreign Investments in Turkmenistan's Energy Sector, which is taking place in Paris.
He noted that among the important projects are the completion of the Turkmenistan - Afghanistan - Pakistan - India (TAPI) gas pipeline, attracting foreign investment for the development of sections of Turkmenistan's sector of the Caspian Sea, and the implementation of major production projects.
Furthermore, Amanov also added that, at the moment, the demand for Turkmen energy resources is growing more and more.
Meanwhile, the purpose of this event is to increase the chances of attracting foreign direct investment in all segments of the energy sector of Turkmenistan and improve the regional debate on the future sustainable development of energy.
Turkmenistan ranks fourth in the world in terms of proven natural gas reserves after Russia, Iran, and Qatar.
Data from the Turkmengaz State Concern shows that the country's hydrocarbon resources are estimated at more than 71 billion tons of oil equivalent.
This volume includes more than 20 billion tons of oil and more than 50 trillion cubic meters of natural gas.
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