10.10.24
The Kazakh Energy Ministry signed a Memorandum of Intent with Turkmenistan’s national gas company, Türkmengaz, to strengthen cooperation in the gas industry on Sept. 11.
According to the ministry’s press service, the agreement was reached during a meeting between Kazakh Minister of Energy Almassadam Satkaliyev with Deputy Chairman of Turkmenistan’s Cabinet of Ministers Batyr Amanov and State Minister of Turkmenistan, Türkmengaz Chairman Maksat Babayev.
The parties also discussed the possibility of participating in joint projects. Satkaliyev expressed confidence that through combined efforts, the countries will be able to bring mutually beneficial cooperation to a new level of strategic partnership.
It should be noted that today the same memorandum of cooperation was signed by NC KazMunayGas JSC and Turkmennebit State Concern. The companies plan to jointly study and implement promising projects in the sector of geological exploration, development and production of hydrocarbon resources in the Turkmen sector of the Caspian Sea. One of the key tasks will be the use of offshore drilling rigs, exchange of experience and advanced technologies to improve production efficiency.
