• 4 minutes What If Canada Had Wind and Not Oilsands?
  • 8 minutes EU Confirms Trade Retaliation Measures vs. U.S. To Take Effect on June 22
  • 17 minutes Could oil demand collapse rapidly? Yup, sure could.
  • 15 hours Tariffs to derail $83.7 Billion Chinese Investment in West Virginia
  • 6 hours Kaplan Says Rising Oil Prices Won't Hurt US Economy
  • 41 mins U.S. Withdraws From U.N. Human Rights Council
  • 4 hours Could oil demand collapse rapidly? Yup, sure could.
  • 15 hours EU Confirms Trade Retaliation Measures vs. U.S. To Take Effect on June 22
  • 18 mins Gazprom Exports to EU Hit Record
  • 10 hours "The Gasoline Car Is a Car With a Future"
  • 7 hours Saudi Arabia turns to solar
  • 41 mins OPEC Meeting Could End Without Decision - Irony Note Added from OPEC Children's Book
  • 5 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 19 hours North Korea, China Discuss 'True Peace', Denuclearization
  • 9 hours Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 11 hours EVs Could Help Coal Demand
  • 8 hours What If Canada Had Wind and Not Oilsands?
  • 19 hours WE Solutions plans to print cars
  • 1 day Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?

Russia and Turkmenistan to Deepen Energy Cooperation

Following a meeting of the Russian-Turkmen intergovernmental commission for economic cooperation in Avaz on the Turkmen Caspian coast the two giant natural gas exporters agreed to increase their energy cooperation.
 
Russian First Deputy Prime Minister Viktor Zubkov and Turkmenistan’s Deputy Prime Minister, Foreign Minister Rashid Meredov "confirmed the readiness of their countries to build up mutually beneficial cooperation in such priority areas as fuel and energy sector, agriculture, education and science, where there has been accumulated positive experience of teamwork, the Informatsionnyi portal Turkmenistana reported.

Zubkov said during an interview on the Turkmen national television, "The commission agreed on the agenda of the sixth meeting of the Russian-Turkmen intergovernmental commission, to be held in Moscow in November. In general, it is related to projects in oil and gas and maritime and air transport, where certain agreements were reached. We also discussed the possibility of wider partnership in the agricultural sector and the banking system. In the end, an extensive program of building mutually beneficial partnership was prepared, which will significantly increase trade between our countries."

Turkmen Economics Ministry statistics has determined that Russia is Turkmenistan’s second largest export trading partner and third largest importer of Turkmen products. Turkmenistan now has registered more than 100 Russian companies, including Russia’s state-owned natural gas monopoly Gazprom and the OJSC KAMAZ truck manufacturer.

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News