(MENAFN - Trend News Agency ) Ashgabat, Turkmenistan, April 19
By Huseyn Hasanov - Trend
Turkmen President Gurbanguly Berdimuhamedov, who was on a state visit to Astana April 18-19, expressed the hope that the convention on the legal status of the Caspian Sea will be signed at another summit of the Caspian-littoral countries, to be held in Kazakhstan, the Turkmen Oil and Gas Complex said in a message Apr. 19.
According to the message, during the talks with his Kazakh counterpart Nursultan Nazarbayev, President Berdimuhamedov stressed that #Turkmenistan and #Kazakhstan are neighring countries and cooperation in bilateral and multilateral formats is an important factor of turning the Caspian Sea into an area of peace, good-neighborliness, harmony and mutually beneficial partnership.
The experts estimate the total hydrocarbon reserves in the Turkmen sector of the Caspian Sea at 18.2 billion tons of equivalent fuel.
The EU, #Azerbaijan and #Turkmenistan are negotiating on the Trans-Caspian gas pipeline project, which could bring the Caspian resources to the European market.