Arzuw NEWS - Turkmenistan news

Canada continues to express interest in Turkmenistan's energy sector

Canada continues to express interest in Turkmenistan's energy sector

The Canadian Foreign Ministry confirmed its interest in Turkmenistan's energy sector. The Dostluk field, the joint development of which Turkmenistan will co-develop with its Azerbaijani partners, is of particular interest. Turkmenistan and Azerbaijan have already signed a Memorandum of Understanding regarding the joint construction of a pipeline in the Caspian Sea of the aforementioned field.

The Canadian Foreign Ministry noted that there is also potential for mutually beneficial partnership with Turkmenistan in the agricultural and health sectors.

Earlier, a representative of Canada took part in a meeting held at the Ministry of Foreign Affairs of Turkmenistan. The sides discussed prospects for partnership in trade and economic, educational and environmental areas. Issues related to water and preventive diplomacy were also discussed.

Participants exchanged views on topical issues of cooperation in the international arena. They expressed their intentions to join efforts in combating extremism, terrorism and illicit drug trafficking.

At the moment, the main areas of Turkmen-Canadian cooperation are transport and energy spheres. For example, the Canadian oil and gas company Buried Hill is carrying out exploratory drilling on the Caspian Sea shelf, which is territorially related to Turkmenistan. Thermo Design Engineering Ltd has been cooperating with the Turkmen oil and gas sector for many years, carrying out work in the country's eastern gas fields.

The Turkmen air carrier has also purchased Challenger airliners for passenger transportation. They are manufactured by the Canadian airline company Bombardier.


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