Baku and Ashgabat to continue consultations on energy cooperation

The importance of diversifying energy supply schemes to international markets was emphasized at a meeting in the Ministry of Foreign Affairs of Turkmenistan on July 6 between Deputy Chairman of the Cabinet of Ministers, Minister of Foreign Affairs of Turkmenistan Rashid Meredov and the Azerbaijani delegation, headed by the Minister of Economy of Azerbaijan Mikayil Jabbarov,  the Ministry of Foreign Affairs of Turkmenistan reported.

“During the meeting, the parties discussed the course of the economic partnership, noting that it is developing consistently and on a systematic basis. The importance of building up bilateral cooperation in the energy sector, diversifying schemes for supplying energy carriers to international markets was emphasized.

The Turkmen Foreign Ministry said that “a landmark event in the Turkmen-Azerbaijani energy cooperation was the signing in January 2021 of a memorandum of understanding between the governments of the two countries on joint exploration, development and development of the Dostlug hydrocarbon field in the Caspian Sea.” “In this regard, the Turkmen side expressed its readiness to continue bilateral consultations on several energy areas of cooperation,” the report says.
It notes that during the talks, mutual readiness was expressed to continue cooperation, taking into account the existing potential. 

Caspian Barrel