(MENAFN- Trend News Agency) ASHGABAT, Turkmenistan, March 13. Turkmenistan
has invited Austrian companies to participate in the implementation
of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline
project, Trend reports.
According to the official source, this was said during the
meeting of the Turkmen delegation, which also included the Deputy
Chairman of the Cabinet of Ministers, Minister of Foreign Affairs
of Turkmenistan Rashid Meredov, and representatives of the Austrian
business community, held at the Austrian Economic Chamber in Vienna
city.
At the same time, at the event, the Turkmen side confirmed its
commitment to the Trans-Caspian gas pipeline project for natural
gas supplies to Europe.
As the Turkmen delegates noted, a systematic partnership with
the EU has already been built in this area.
The Turkmen side also expressed readiness to discuss the supply
of Austrian equipment and machinery to increase capacity and expand
the country's transport infrastructure in order to ensure the
export of Turkmen energy resources to world markets.
Furthermore, the parties noted that cooperation on renewable
energy sources, reducing methane emissions into the atmosphere, and
the utilization of associated gas in the fields of hydrocarbon
resources is seen as urgent.
"Having announced its accession to the Global Methane Pledge and
supporting the efforts of the international community to reduce
greenhouse gas emissions, Turkmenistan is moving to the use of
modern environmentally friendly and resource-saving technologies in
industry and transport," the Turkmen side stressed.
In this context, it was stated that the country is interested in
studying the experience of hydrogen energy in Austria in order to
create high-tech industries in Turkmenistan.
Meanwhile, Turkmenistan, possessing one of the largest natural
gas reserves in the world, is actively developing its gas industry,
building new pipelines, and modernizing existing gas production and
processing facilities.
The country aims to increase gas production and exports by
concluding long-term supply contracts with neighboring and distant
countries, which helps strengthen its position in the global energy
market and diversify the economy.
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