Turkmenistan, Azerbaijan Mull Expansion of Energy Ties

BUSINESS TURKMENISTAN
Turkmenistan, Azerbaijan Mull Expansion of Energy Ties
Focusing on energy issues, the Presidents exchanged views on establishing a modern transit and transport infrastructure, taking into account the geographical location of neighboring countries. (Photo: Press Service of Azerbaijani President)

President of Turkmenistan Serdar Berdimuhamedov and President of Azerbaijan Ilham Aliyev in a meeting in the Avaza National Tourist Zone on the Caspian coast on Wednesday discussed the prospects of expanding cooperation in energy security, the official Turkmen media reports.

The Head of Azerbaijan arrived in Turkmenistan to attend the first summit of the heads of Turkmenistan, Azerbaijan and Turkey.

Discussing issues of Turkmen-Azerbaijani cooperation, the sides stressed the mutual interest in further progressive development of mutually beneficial cooperation. The sides also noted the closeness of views and positions of Turkmenistan and Azerbaijan on topical international issues.

Focusing on energy issues, the Presidents also exchanged views on establishing a modern transit and transport infrastructure, taking into account the favorable geographical location of neighboring countries with vast hydrocarbon resources.

In this regard, the sides stated the relevance of the Memorandum of Understanding signed in Ashgabat in January last year between the governments of Turkmenistan and Azerbaijan on the joint exploration, development and exploitation of hydrocarbon resources of the Dostluk field in the Caspian Sea.

Noting that the fuel-energy complex and transport will remain the most important vectors of mutually beneficial cooperation, the Head of Azerbaijan fully supported Turkmenistan's proposals on the need to further build a partnership in these important areas.

Earlier in the day, Ilham Aliyev held a meeting with Gurbanguly Berdimuhamedov, the Chairman of Halk Maslakhaty chamber of the Turkmenistan’s bicameral parliament Milli Gengesh.

2022