Russian Energy Majors Keen on Turkmenistan Oil, Gas Fields

The biggest energy companies in Russia are interested in developing oil and gas fields in Turkmenistan, a government official has said, according to TASS.

“Interest in developing oil and gas fields in Turkmenistan was shown by Rosneft, Lukoil, and Gazprom,” Sergey Prikhodko, the government’s deputy chief of staff said in Turkmenistan, as the Central Asian country hosts the first-ever edition of the Caspian Economic Forum from 11-12 August.

Prikhodko also noted that the two countries maintained good cooperation in the fuel and energy sector, both in a bilateral format, primarily within the framework of the Russian-Turkmen intergovernmental commission, and at a multilateral level, within the Commonwealth of Independent States (CIS).

Along with the forum, the International Sea Port of Turkmenbashi is also hosting the International Exhibition of Innovative Technologies of the Caspian States, with about 10 Russian companies represented at the joint Russian exhibition booth of the Russian Export Centre Group.

The Caspian Economic Forum brought together senior government officials, representatives of the private sector and academic communities from Azerbaijan, Iran, Kazakhstan, Russia, and Turkmenistan, as well as from a number of international organizations. The Russian delegation is headed by Prime Minister Dmitry Medvedev.