Turkmenistan and Turkey deepen energy cooperation

President of Turkmenistan Serdar Berdimuhamedov met with Turkish Minister of Energy and Natural Resources Alparslan Bayraktar on July 31. During the talks, the sides discussed a wide range of bilateral cooperation issues, with special attention paid to the energy sector, TDH reports.

During the meeting, Serdar Berdimuhamedov reaffirmed the high importance of energy cooperation for strengthening bilateral relations. The priorities of cooperation between the two countries in the gas, gas chemical and electric power sectors were identified. The parties expressed readiness to actively implement joint projects.

In particular, the sides discussed the possibility of supplying Turkmen natural gas to Turkey, as well as the participation of Turkish companies in the development of the Turkmen oil and gas chemical industry. Earlier, Turkish companies have already successfully implemented a number of major projects in Turkmenistan, such as the construction of plants for the production of urea, liquid ammonia and sulfuric acid, synthetic gasoline (GTG).

Export of electricity from Turkmenistan to Turkey is also a promising area of cooperation. The parties discussed the possibility of exporting electricity from a new Turkmen power plant with a capacity of 1,574 megawatts being built on the Turkmen coast of the Caspian Sea.

In addition, the sides discussed issues of cooperation with Turkish companies in the field of extraction and processing of mineral resources of Turkmenistan, such as potassium salt, iodine and metal ores, creation of modern high-tech and export-oriented production facilities in Turkmenistan.

In order to further develop international energy cooperation, Turkmenistan is pursuing fruitful partnership with the world's leading energy companies. This is evidenced by the recent meetings and negotiations with representatives of companies from the UAE, the Republic of Korea and other countries in the oil and gas complex of Turkmenistan, during which they discussed the expansion of gas export routes, investment in new fields and joint implementation of innovative projects.

The visit of Minister of Energy and Natural Resources of the Republic of Turkey Alparslan Bayraktar to Turkmenistan on July 30-31 this year was a continuation of the meetings and negotiations.