The National Leader of the Turkmen people, Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov, who is on a working visit to the UAE, held a meeting with the Chairman of the Board of Directors of Dragon Oil, Syed Al Tayer, writes TDH.

The National Leader of the Turkmen people emphasized that the United Arab Emirates is a long-standing and reliable partner with which Turkmenistan successfully interacts both on a bilateral and multilateral basis, primarily on the platform of the largest international organizations and authoritative regional structures.

During the negotiations, the parties discussed the possibilities of building up long-term successful cooperation, taking into account the accumulated solid experience of joint work and the grandiose plans of Turkmenistan for the further development of the domestic fuel and energy complex.

As National Leader of the Turkmen people Gurbanguly Berdimuhamedov emphasized, among the priority tasks is to increase the volume of production and refining of oil and natural gas, as well as the export of Turkmen energy resources and finished oil and gas chemical products.

These words are confirmed by the grandiose project of the 21st century - the construction of the TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas pipeline, designed to give a powerful impetus to the socio-economic development of the entire Asian region.

It is expected that in the future the third stage of development of the giant Galkynyş field will become a source for ensuring supplies of “blue fuel” through this main pipeline.

In this regard, partners and investors from the UAE are also invited to participate in the implementation of new energy projects related to the construction of gas pipeline infrastructure designed to supply natural Turkmen gas to the countries of the region and other states.

As noted, Dragon Oil has been successfully operating in Turkmenistan since 2000, investing in the exploration and development of fields, in particular Jeýtun and Jygalybeg. The company recently opened a new office in Ashgabat, which was another confirmation of the established long-term, strategic partnership.

At the end of the meeting, a Memorandum of Understanding was signed between the State Concern Turkmennebit and Dragon Oil (Turkmenistan) Ltd.