Turkmenistan, Ashgabad, March 7 /Trend H.Hasanov
The president of Turkmenistan Gurbanguly Berdymuhamedov signed a decree on opening a counsulate of Turkmenistan in Frankfurt am Main, Federal Republic of Germany.
According to the document, that will serve the purposes of the further development of bilateral relations between the countries and the efficient consulate public service.
German companies like Mannesman, Claas, MAN, Bosch, Bentek, Siemens, Unionmatex GmbH have already proven themselves in Turkmenistan.
This list could also include such companies as Thyssen Krupp, Airbus, Cifal, Knauf, Goetzpartners, Inhar, Textina, Bauer Comp Holding AG, Lemken GmbH, which are also showing their interest in Turkmen market.
German companies usually use credits of leading German banks while realizing large projects in Turkmenistan.
For example, the projects on installation of a gas-compressor station in Korpeje, construction of lubricant oil and paraffin producing facilities, as well as the diesel fuel refining facility in the oil-refining enterprise in Turkmenbashi were realized according to this format.
In April 2009, Turkmen government signed a long-term memorandum with one of the leading traders of natural gas on the EU market - RWE AG, which conducted exploration in the Turkmen sector of the Caspian Sea and is a shareholder of the Nabucco pipeline project.
The hydrocarbon resources of Turkmenistan can be connected to this transnational communication via Caspian Sea thanks to the construction of a small branch (about 300 kilometres) through the seabed to the Azerbaijani coast.
Europe hopes to diversify for account of the Caspian resources its sources of gas consumption, mostly provided by Russia today.
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