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Chevron offers Turkmenistan help in development of gas resources

June 15, 2012, 3:21 UTC+3
Executive Director of the Turkmen-US Business Council Eric Stewart also took part in the talks
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ASHGABAT, June 15 (Itar-Tass) — U.S. Chevron offers Turkmenistan its services in the development of gas resources and their transportation to world markets.

President of Turkmenistan Gurbanguly Berdymukhamedov and company’s Vice President Jay Pryor discussed on Thursday prospects for long-term advantageous cooperation in that sphere, Turkmenistan government’s press service reported on Thursday.

Executive Director of the Turkmen-US Business Council Eric Stewart also took part in the talks.

“Turkmenistan works towards full modernization of its economy through an active involvement of the best world experience, which major U.S. companies have,” the president of Turkmenistan noted at talks.

“An exhibition of U.S. companies and a business form with participation of more than 100 American companies held in Ashgabat in May have given a good impetus to cooperation between Turkmenistan and the United States,” the president stressed.

Projects to develop onshore gas fields are in the focus of attention in cooperation plans. Chevron and ExxonMobil opened their missions in Turkmenistan a long time ago, but their cooperation offers still remain at the stage of discussions.

A new round of talks with Chevron is possibly connected with the signing by Turkmenistan at the Gas Congress in May of agreements on purchase and sales of gas with Pakistan and India. The agreements are seen as moves to advance the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project.

The United States mainly supplies to Turkmenistan its Boeing planes as well as agricultural and road-building hardware.

 

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