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New Ambassador of Turkmenistan to India and Bangladesh appointed

Turkmenistan Materials 2 January 2013 12:28 (UTC +04:00)

Turkmenistan, Ashgabat, Jan. 2 / Trend H. Hasanov /

Parakhat Durdyev is appointed as Ambassador Extraordinary and Plenipotentiary of Turkmenistan to the Republic of India, an official Turkmen source reported on Wednesday.

At the same time he will serve as Ambassador to the People's Republic of Bangladesh. The corresponding decree was signed by President of Turkmenistan Gurbanguly Berdimuhamedov.

India and Turkmenistan are working together on a major energy project. Official Delhi is involved in transnational TAPI (Turkmenistan-Afghanistan-Pakistan-India). In May 2012, the Turkmen government signed an agreement on purchase and sale of natural gas from India's GAIL ltd. Works on establishment of an international consortium are conducted under the auspices of the Asian Development Bank.

The basic document for the promotion of TAPI project is the Ashgabat interstate agreement of the state parties on the commencement of the practical implementation of the TAPI project signed at the end of 2010. Bangladesh has also recently expressed interest in participation in project.

Indian media reported that the ONGC Videsh Ltd (OVL) company is also exploring opportunities to invest in the economy of Turkmenistan and is interested in developing the largest gas field in the country. According to the report, during talks in Delhi the Turkmen side noted the preference given to service contracts, while India is interested in signing a production sharing agreement.

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