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The ministries of energy of Turkmenistan and Russia are preparing a Memorandum of understanding

10:3428.05.2020
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The ministries of energy of Turkmenistan and Russia are preparing a Memorandum of understanding

An online meeting was held at the Ministry of energy of Turkmenistan to prepare a draft "Memorandum of understanding between the Ministry of energy of Turkmenistan and the Ministry of energy of the Russian Federation on cooperation in the field of energy".

The comprehensive strengthening and diversification of economic ties with Russia as one of our strategic partners is one of the key directions of our country's foreign policy. In this regard, cooperation between the two States in the electric power industry, taking into account the resource potential, ongoing and planned projects in the field of transit and export of electricity, is a good prospect for practical interaction and coordination.

The construction of the Turkmenistan-Afghanistan-Pakistan high-voltage power transmission line (TAP), work to connect the Central Asian electric power system, and the formation of the common electric power market of the Eurasian economic Union by 2025 are among the key projects for the near future, the state news Agency of Turkmenistan reports.

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