On May 28, Advisor to the President of Turkmenistan on oil and gas issues Ashirguly Begliev met with the head of the branch of the world famous Chinese company CNPC in our country, Chen Huailun. During the meeting, aspects of bilateral cooperation in the gas sector were discussed. The meeting was also attended by the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Turkmenistan Qian Naicheng, TDH reports.

First of all, the parties expressed sincere gratitude to President Serdar Berdimuhamedov, Chairman of the People's Republic of China Xi Jinping, as well as Chairman of the Halk Maslahaty Hero-Arkadag Gurbanguly Berdimuhamedov for the created opportunities for the development of productive relations between Turkmenistan and China, based on the principles of friendship, brotherhood, mutual respect and trust.

As was emphasized, great importance is attached to the further expansion of cooperation between the two countries at the highest state level.

The parties expressed their readiness to expand the mutually beneficial Turkmen-Chinese partnership in various directions, including in the fuel and energy industry. Particular attention was paid to issues of deepening cooperation in the gas sector.

The meeting participants discussed the progress of implementation of previously reached agreements in this area between Turkmenistan and the People's Republic of China, reviewed the current state of affairs, and also exchanged views on the prospects for the development of relations.

Representatives of the Turkmen side noted that the oil and gas industry is the main sector of the economy of Turkmenistan, playing a major role in ensuring the dynamic socio-economic development of our country.

Turkmenistan, which has colossal hydrocarbon resources, under the wise leadership of President Serdar Berdimuhamedov, is consistently implementing a comprehensive strategy aimed at the innovative development of the domestic fuel and energy industry, initiated by Hero-Arkadag.

More efficient use of the rich potential of the oil and gas complex, modernization of specialized infrastructure based on advanced technologies and developments are its important components. At the same time, special attention is paid to environmental issues, increasing the capacity of the mining and processing industries, and developing export routes for “blue fuel” through diversification.

During the meeting, the parties exchanged views on the possibilities of intensifying work in these areas and promising vectors of cooperation.

Issues regarding the implementation of the second stage of development of the Galkynysh gas field were also discussed.

The productive nature of joint activities with leading companies, including the world-famous largest company in China - CNPC, was noted.

The interest of foreign partners in expanding ties in the oil and gas sector is primarily due to the large-scale transformations taking place in our country in this sector of the economy, as well as the high level of interaction with the leading business circles of the world. It was emphasized that favorable legal, financial and economic conditions have been created for the effective work of foreign companies in the promising Turkmen market.