At the meeting, which took place in International Ahalteke Equestrian Complex, the sides discussed the perspective of bilateral cooperation. Having expressed the gratitude to Turkmen leader for spared time, the businessman noted the his company is sincerely proud of the partnership with Turkmenistan.
During the conversation, President Gurbanguly Berdimuhamedov highlighted that having significant hydrocarbon reserves, our country improves the cooperation with all interested partners in different spheres. Attraction of advanced practice in the implementation of modern technologies to production is one of the most important aspects of large-scale reforms for modernization and diversification of the economy.
The President continued that today, wide opportunities for expansion of fruitful contacts with representatives of the world business are opening. In this regard, efficient character of old joint work with ARETI, which takes an active part in the implementation of major projects in petroleum and other spheres, has been noted.
Having confirmed the interest of the Holding in expansion of business relations with Turkmenistan, I. Makarov reported on the works of the company in our country. Expansion of the partnership in fuel and energy sphere taking into account colossal hydrocarbon resources of Turkmen sector of Caspian Sea, which received high assessment of international experts, was special subject of discussion.
President Gurbanguly Berdimuhamedov noted that cooperation with famous foreign companies is one of the guarantees of successful implementation of major international projects, which are to expand regional cooperation and to improve the positions of Turkmenistan as the world energy power. At the same time, the utmost attention is paid to the development of huge reserves of the fields in Turkmen part of Caspian Sea and diversification of the export routes of energy carriers to the world markets.
In this context, the opportunity of the ARETI participation in the projects of development of Uzynda field, located in Caspian Sea in Turkmenistan, has been discussed. It was highlighted during the conversation that signing of the Memorandum of Understanding between the State Concern Türkmennebit and ARETI International Group of Companies would be reliable foundation for successful work in this direction.
Development of this productive field seems to be very promising today. The well in Uzynada Island is the deepest in central Asia. Performing of relative work will allow implementing huge potential of oil and gas complex of the country in near future, President Gurbanguly Berdimuhamedov said, having given some recommendations to the businessman.
Information about the works planned in Block 21 of Turkmen sector of Caspian Sea has also been presented. The interest in this project is provided by colossal potential of favourable investment climate for foreign business in Turkmenistan, the guest said.
Having welcomed business-like approach of the Holding, Turkmen leader noted that all proposals would be studied in details in nearest future.
Ecological component of investment project, which takes into account universal standards of international natural protection conventions ratified by Turkmenistan, was important subject of the conversation. At present time, Turkmen sector of Caspian Sea is the best from ecological point of view due to targeted work for natural protection by the estimate of national specialists and analysis of foreign experts.
Having noted the importance of coming works in Block 21, the President requested I. Makarov to hold the issues related to the provision of ecological standards under control.
Having expressed the gratitude for the trust to the company, the businessman expressed the confidence that implementation of joint projects would serve for further prosperity of Turkmenistan. It was mentioned that ARETI would continue approaching the fulfilment of its partner’s obligations with full responsibility.
Today, the meeting with the participation of the heads and specialists of the State Concern Türkmennebit and ARETI International Group of Companies, where perspectives of bilateral cooperation in fuel and energy sector have been discussed, took place in administrative building of oil and gas complex of Turkmenistan.
Memorandum of Understanding between the State Concern Türkmennebit and ARETI International Group of Companies has been signed at the same place. Having noted the importance of this document, the participants of the meeting outlined the vectors of activation of the cooperation in the context of the provisions of the agreement.
