Turkmenistan keen to bring investment in energy industry
Ashgabat, Turkmenistan, Dec. 24
By Huseyn Hasanov – Trend:
In Turkmenistan’s energy industry, main attention should be paid to the attraction of foreign investment in large infrastructure projects, including the projects on the development of oil and gas reserves of the Caspian Sea, diversification of natural gas supplies to world markets and construction of modern gas chemical complexes, the Turkmen government said in a message on Dec. 24 quoting President Gurbanguly Berdimuhamedov.
The head of state made the remarks addressing a meeting of the cabinet of ministers.
Berdimuhamedov noted the need to introduce scientific achievements and innovative technologies in exploration, drilling and development of hydrocarbon deposits.
“Effective use of the enormous hydrocarbon resources of Turkmenistan – one of the world's energy powers – is intended to help realize the country’s enormous potential, boost well-being of the Turkmen people, as well as solve the issues of ensuring energy security, which is an important factor of dynamic social and economic development on regional and global scale,” Berdimuhamedov said.
Turkmenistan is one of the key suppliers of natural gas in the region. The country delivers gas to China and Iran.