Turkmenistan and UAE Expand Cooperation in Oil and Gas

Turkmenportal reports that prospects for further cooperation in the fuel and energy sector were the focus of recent discussions between Chairman of the Khalk Maslakhaty of Turkmenistan, Gurbanguly Berdimuhamedov, and the Executive Director of Dragon Oil Company, Ali Rashid Al-Jarwan.

According to the publication, Turkmenistan and the UAE are among the richest countries in the world in terms of natural gas and oil reserves and both have extensive experience in developing the oil and gas industry.

Dragon Oil has now been  operating in Turkmenistan for a number of years.

Commenting on the UAE’s positive relationship with the country Al-Jarwan  expressed gratitude for the opportunity to work in Turkmenistan.

Berdimuhamedov in turn, emphasized that the  active bilateral interaction enjoyed by the parties was due to the joint efforts of the countries’ leaders and expressed Uzbekistan’s readiness to further expand productive cooperation with Dragon Oil .

Both sides expressed confidence that their existing mutual interests would provide a strong basis for more fruitful cooperation in the oil and gas sector.