Turkmenistan called on the Caspian littoral countries to develop partnership in the energy sector
Deputy Prime Minister of the Turkmen government Khojamyrat Geldymyradov, speaking at the Caspian Economic Forum in Moscow on Thursday, called on the Caspian countries to cooperate in the energy sector.
"One of the most important outcomes of the 6th Caspian Summit, held this year in Ashgabat, was the confirmation of the interest of our states in increasing cooperation in the energy sector, the development of which has become relevant today not only for our region, but also for the whole world," Geldymyradov said.
According to him, "the Caspian countries have huge natural resources and a developed fuel and energy industry."
"So oil production in our countries in 2021 amounted to 13.7 million barrels, or 20% of world production. Natural gas production amounted to more than 1 billion cubic meters, or 26% of the world volume. The countries of the region generate 6% of the world's electricity," the representative of Turkmenistan stressed.
In his opinion, it remains relevant to increase the level of coordination of interstate activities aimed at creating favorable conditions for the implementation of joint projects in the fuel and energy sector.
"We also consider it necessary to combine our efforts to form a commodity distribution system that will allow us to comprehensively address the issues of developing trade infrastructure and creating export channels," Khojamyrat Geldymyradov stressed.
ORIENT news
