Head of ARETI: Turkmenistan is of great interest to large investors
Modern Turkmenistan is of great interest to world investment institutions as a major energy power with huge reserves of hydrocarbons, a developed infrastructure and a consistent state policy of modernization and economic development.
This was stated by the head of ARETI IG Igor Makarov speaking at the 26th International Conference "Oil and Gas of Turkmenistan" (OGT-2021).
The main emphasis in the investment policy of Turkmenistan in the oil and gas industry is made on a reasonable, stable and environmentally balanced monetization of energy resources, Makarov said.
The country conducts deep exploration and development of hydrocarbon resources, increases the production, processing and export of energy resources.
State Concerns of Turkmenistan use modern technologies for the effective development of natural oil and gas reserves, modernization and development of transport and logistics infrastructure.
IG "ARETI" is actively involved in joint work with Turkmen partners on the creation and structuring of investment projects both in the field of production and development of fields, such as the giant gas field "Galkynysh" and the oil field "Uzynada", and in the field of modernization and development of transport infrastructure for the oil and gas industry of Turkmenistan.
According to the head of ARETI IG, in order to organize investments in these areas, a combination of many elements is necessary – the creation of a separate project company for each project, the formation of a transparent and understandable mechanism for international investors to invest and control the targeted use of funds, the application of all guarantees and benefits provided for by Turkmen and international legislation.
Earlier in April of this year, as part of an online meeting of the President of Turkmenistan Gurbanguly Berdimuhamedov with the heads of a number of foreign companies, it became known about the creation of a consortium to invest in the Turkmen economy, the key link of which was decided to choose the ARETI company.
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