Saturday, March 15

Issues of attracting investments in the development of Caspian fields were discussed at the meeting of the Government of Turkmenistan

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The State Concern “Turkmennebit” is working to attract foreign investors and companies to the development of licensed blocks of the Turkmen sector of the Caspian Sea. Deputy Chairman of the Cabinet of Ministers Batyr Amanov reported on the measures being implemented in this direction during a government meeting that President Serdar Berdimuhamedov held on the digital system last Friday.

After hearing the report, the Head of state focused on the priorities of Turkmenistan’s energy policy, the main goal of which is to maximize the efficient use of the richest natural resources, accelerate the development of domestic fields located on the Turkmen shelf of the Caspian Sea, increase the productivity of exploration and drilling operations through the introduction of the latest scientific and technical developments and advanced technologies, which will increase the production of hydrocarbons.

Emphasizing the need for a thoughtful and comprehensive approach to solving all the tasks set, President Serdar Berdimuhamedov addressed a number of specific instructions to the Deputy Prime Minister related to the continuation of work in this direction.

It should be noted that investment opportunities in the implementation of offshore projects in our country were discussed during the visiting International Forum on Attracting Investments in the energy sector of Turkmenistan, which was held on April 26-27 in Dubai, United Arab Emirates.

Representatives of such well-known companies as Dragon Oil and Petronas shared their successful experience in the development of offshore fields of Turkmenistan at the forum.

During the visiting forum, new geological and other data on a number of license blocks of the Turkmen sector of the Caspian Sea were announced to its participants.

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