Turkmengaz State Concern and ADNOC agreed to develop cooperation in Abu Dhabi
The most important result of the working visit of Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov to the United Arab Emirates was a number of documents signed on the second day of the Turkmen leader’s stay in the friendly country. Among them is a Memorandum of Understanding between the State Concern Turkmengaz and the Abu Dhabi National Oil Company (ADNOC).
This relevant document for further strengthening bilateral relations in the energy sphere reflects the intention of Turkmenistan and the United Emirates to attract investment partners for the development of the third stage of the Galkynyş supergiant field and their possible participation in the construction of a gas pipeline infrastructure designed to diversify export gas supplies.
The legal framework of Turkmen-Emirati relations in the fuel and energy sector was also enriched by the signed Memorandum of Cooperation between Turkmengaz Group and ADNOC, which expressed the desire of the parties to explore the possibilities of joint scientific, technical and economic cooperation in the field of reducing methane emissions into the atmosphere.
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