Turkmenistan, Russia Seek To Expand Joint Participation In Energy Projects
Date
2/16/2023 3:24:53 PM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 16. Russia
cooperates with Turkmenistan at various levels both bilaterally,
including in the format of an intergovernmental commission, and
multilaterally, primarily within the framework of the CIS Electric
Power Council, a source in the Ministry of energy of Russia told
trend .
It was noted that Turkmenistan and Russia actively cooperate in
the oil and gas and electric power sectors.
'The basis of our cooperation in the electric power industry is
created by the Memorandum of Understanding signed in 2020 between
the Ministries of Energy of Russia and Turkmenistan on cooperation
in the field of electric power. The document records the readiness
of the parties to assist companies in the implementation of joint
and cross-border projects,' the Russian Energy Ministry said.
Furthermore, it was stressed that a meeting of the
Intergovernmental Turkmen-Russian Commission on Economic
Cooperation was held in December 2022, following which the parties
agreed on the need to expand the areas of joint participation in
energy projects, as well as increase the degree of interaction
between relevant departments and companies of the two
countries.
The Russian Ministry of Energy added that the implementation of
these goals in the future will make it possible to more effectively
solve the tasks facing both countries in the energy sector, as well
as form the basis for long-term and mutually beneficial
cooperation.
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