Kazakhstan and Turkmenistan Forge Closer Ties in Gas Sector

Kazakhstan and Turkmenistan Forge Closer Ties in Gas Sector

Ashgabat, The Gulf Observer: During a significant visit to Ashgabat, Sanzhar Zharkeshov, Chair of QazaqGaz National Company, engaged in fruitful discussions with Batyr Amanov, Deputy Chairman of the Cabinet of Ministers of Turkmenistan, and Maksat Babayev, Chairman of the State Concern Türkmengaz. The meeting, as reported by media, centered on enhancing bilateral cooperation in the gas industry between Kazakhstan and Turkmenistan.

Key topics of discussion included plans for bolstering productive collaboration in the gas sector. Both parties underscored their mutual interest in joint development of production assets, as well as the advancement of gas pipeline projects spanning the territories of both nations. Additionally, discussions revolved around the facilitation of gas supplies on a mutually beneficial basis, highlighting the potential for strengthened economic ties.

The outcome of the meeting saw a mutual commitment from both sides to expand strategic cooperation in the gas sector, laying the groundwork for future collaboration and partnership endeavors.

The visit comes in the wake of directives issued by Head of State Kassym-Jomart Tokayev in February 2024, aimed at advancing comprehensive development within the gas sector. These directives underscored the importance of ensuring stable gas supplies to the domestic market, expanding the resource base, addressing systemic challenges within the sector, and enhancing investment attractiveness.

With a shared vision for the advancement of the gas industry, the discussions between QazaqGaz National Company and Turkmenistan’s leadership signify a significant step forward in strengthening bilateral relations and fostering mutual prosperity in the region.