ASHGABAT, Turkmenistan, January 6. The
Turkmennebit State Concern of Turkmenistan and the Dragon Oil
firm signed a Memorandum of Understanding, Trend studies.
This doc was signed through the assembly of Chairman of the
People’s Council of Turkmenistan Gurbanguly Berdimuhamedov with
Chairman of the Board of Directors of UAE’s Dragon Oil firm
Saeed Al Tayer in Abu Dhabi.
During the assembly, the events mentioned the prospects for the
profitable additional growth of long-term relations, taking into
account the in depth expertise of joint work and complete
plans for the additional growth of Turkmenistan’s power
Gurbanguly Berdimuhamedov burdened that Turkmenistan has massive
reserves of hydrocarbons and is involved in mutually useful
cooperation with the world’s main corporations of their
exploration, growth and manufacturing.
He famous that the rise within the quantity of oil and fuel produced
and their processing, the export of Turkmen power sources, as
properly as completed oil and fuel and chemical merchandise are pressing duties
on this sector of the nationwide financial system of Turkmenistan.
Partners and buyers from the UAE have been additionally invited to
take part within the implementation of recent power initiatives associated to
the development of fuel transportation infrastructure for the
transportation of Turkmen fuel to the international locations of the area and
Meanwhile, final yr, the Turkmennebit State Concern and Dragon
Oil firm signed a contract to increase the Production Sharing
Agreement till May 1, 2035.
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