China keen to expand presence in Turkmen market

Turkmenistan Materials 11 July 2016 17:33 (UTC +04:00)

Ashgabat, Turkmenistan, July 11

By Huseyn Hasanov – Trend:

Chinese business circles have expressed readiness to expand their presence in the promising market of Turkmenistan, read a message from Turkmen government.

The issue was discussed by representatives of China National Petroleum Corporation (CNPC) and Turkmenistan’s President Gurbanguly Berdimuhamedov.

The CNPC representatives reaffirmed their interest in strengthening the fruitful cooperation with Turkmenistan.

Berdimuhamedov emphasized the progressive dynamics of relations with CNPC, which is an important partner of Turkmenistan in the fuel and energy sector.

The project for construction of the Turkmenistan-China gas pipeline can serve as a striking example of this.

“This transnational energy bridge, which is meant to become an effective factor of the sustainable geopolitical and economic development in Asia, can be considered as the real contribution to ensuring the regional and global energy security,” said Turkmen state-run news agency Dovlet Khabarlary.

CNPC participates in the development of the Bagtyyarlyk contract area and the Galkynysh field in Turkmenistan.