Ashgabat Hosts International Oil and Gas Forum Begins
Ashgabat hosted the Oil and Gas of Turkmenistan-2012 exhibition and the 17th International Conference -- Main Trends in the Oil and Gas Industry of Turkmenistan and International Cooperation, both organized by the Ministry of Oil and Gas Industry and Mineral Resources and the Chamber of Commerce and Industry of Turkmenistan. Over 700 representatives of 250 well-known oil and gas and service companies and international energy agencies, as well as governmental delegations from 47 countries took part in the events. According to the organizers, participants will learn about the current state and prospects of Turkmenistan’s oil and gas industry and will have the opportunity to learn about entering Turkmenistan’s energy market.
Turkmenistan Promises Gas from Gigantic Field to Europe and Asia
Turkmenistan announced that it is ready to begin extracting gas from Galkynysh -- the second largest gas field in the world, and to send it to Europe and Asia along the routes supported by the US, despite that circumventing Russia may complicate Turkmen-Russia relations. “Galkynysh will be ready for commercial gas extraction next year,” – said a Turkmen official at the margins of the international oil and gas conference taking place in Ashgabat this week. “Currently we are building three refineries, and two of them will definitely be completed in January – February,” the official said.
Turkmenistan is planning to build two new pipelines for transporting gas from Galkynysh and Southern Yolotan gas fields. One of the pipelines will go to India and Pakistan; the other will go through the Caspian to the European Union, enabling Europe to reduce its dependence on Russian energy.
US: Central Asia is an Important Region in Global Energy Picture
According to US Deputy Assistant Secretary for the Bureau of South and Central Asian Affairs Lynne M. Tracy, who spoke at the Turkmenistan International Oil and Gas Expo in Ashgabat, Central Asia is an important region in global energy picture, "Its substantial energy resources are well-placed to feed the growing demand of European and Asian markets," she said, adding that Central Asia is poised to become an increasingly important supplier of an array of energy resources, from hydrocarbons to hydropower, and even uranium.
Tracy mentioned that Turkmenistan, Azerbaijan, and the EU continue to negotiate an agreement to build a Trans-Caspian pipeline to export Turkmen gas to Europe. The US supports the Trans-Caspian pipeline, Tracy said; ”we confirm the proposition that if Turkmenistan and Azerbaijan agree on a pipeline that crosses only their territorial waters, no other country has veto power over that decision." Tracy expressed the support of the US for continued progress on the proposed Turkmenistan-Afghanistan-Pakistan-India pipeline.
Foreign Minister of Turkmenistan Meets EU Special Envoy
Turkmen Foreign Minister Rashid Meredov met with European Union Special Representative for Central Asia, Patricia Flor, and other members of an EU delegation in Ashgabat attending the Turkmenistan International Oil and Gas Expo to discuss cooperation between Turkmenistan and the European Union. The EU delegation said that Turkmenistan is a reliable supplier of energy to world markets, supporting the EU’s diversification of energy supplies. Turkmenistan raised the issue of its support for the establishment of a universal international mechanism for energy security.
Turkmenistan, Great Britain to Intensify Cooperation
At the Turkmenistan International Oil and Gas Expo and the 17th International Conference -- Main Trends in the Oil and Gas Industry of Turkmenistan and International Cooperation, Turkmen Foreign Minister Rashid Meredov met with the Energy Adviser of the Foreign Ministry of Great Britain, Angus Miller, according to the Turkmen Foreign Ministry. Miller emphasized the intentions of leading British companies to expand their presence in Turkmenistan’s markets citing the energy sector as a priority area for Turkmen-British relations.
Turkmenistan, Qatar plan to expand economic cooperation
Turkmenistan and Qatar, both among the world's major producers and exporters of natural gas, seek to develop partnerships, reported Turkmenistan’s Foreign Ministry. Turkmen Foreign Minister Rashid Meredov met with Qatar Minister of State for Foreign Affairs Khalid Bin Mohammad Al Attiyah, at the Turkmenistan International Oil and Gas Expo and the 17th International Conference -- Main Trends in the Oil and Gas Industry of Turkmenistan and International Cooperation.
Turkmenistan, Iran Hold Ministerial Consultations
Representatives of Turkmenistan’s and Iran’s Foreign Ministries held consultations in Ashgabat. Iranian Deputy Foreign Minister Seyed Abbas Erakchi led the Iranian delegation. Ministry representatives discussed cooperation, particularly in the socio-economic, cultural and humanitarian sectors, as well as implementation of the agreements reached earlier at the highest and government levels.