TURKMENISTAN

Amid global economic instability, Azerbaijan’s mitigating role in energy crisis is rapidly increasing. With Azerbaijan and the EU agreeing on doubling the supplies of Azerbaijani gas by 2027, the country’s gas exports to Europe are expected to be 20 bcm, while this year at least 11.6 bcm is planned to be supplied. Moreover, Azerbaijan’s total gas exports this year are expected at 24 bcm.

Prof. Teodor Detchev, Higher School of Security and Economics, head of "Blacksea Caspia" in "The World is Business", 04.01.2023

US is exploring potential ways to support bringing Turkmen gas to Azerbaijan, said the US Assistant Secretary of State for European and Eurasian Affairs Karen Donfried, Trend reports.

She made the remarks at the House Foreign Affairs Subcommittee on Europe, Energy, the Environment and Cyber on “U.S. Policy Towards the Caucasus”.

Today, December 14, 2022, the highest-level meeting "Azerbaijan - Turkey - Turkmenistan" will take place in the Turkmen city of Avaza. Within the framework of the meeting at the highest level, it is planned to discuss the steps to further deepen the cooperation between the three countries in the spheres of trade, energy and transport.

Azerbaijan and Turkmenistan discussed the current state and prospects for the development of cooperation in energy sector, Trend reports citing Ministry of Energy of Azerbaijan.

In Turkmenistan, the plan for extraction of natural gas and associated gases has been fulfilled.

This was announced by the Deputy Chairman of the Council of Ministers of Turkmenistan - Shaham Abdrakhmanov at a meeting of the government, reports the State Information Agency of Turkmenistan.

The memorandum of understanding signed between the EU and Azerbaijan on July 18 is a victory for both sides, and especially for Azerbaijan in terms of being treated as the EU's strategic partner, the former US ambassador to Azerbaijan, Matthew Bryza told Trend.

The Movement of the Enterprises of France (MEDEF) is following political and economic situation in Kazakhstan and Turkmenistan to study the best calendar and the objectives that could be used for a possible business mission, Chief Operating Officer of the MEDEF Bogdan Gadenne-Feertchak told Trend.

In Gadenne-Feertchak’s words, Kazakhstan and Turkmenistan have different economic profiles and their own development models which result in different positioning of the French companies on these two markets.

Turkmenistan discussed preparations for the extraordinary presidential election in the country with the OSCE (Organization for Security and Co-operation in Europe) and Organization of Turkic States (OTS), reports Orient News.

This was discussed during a meeting among Rashid Meredov, Turkmen Foreign Affairs Minister, Rune Castberg, Officer-in-Charge of the OSCE Centre in Ashgabat and Baghdad Amreev, Secretary General of the Organization of Turkic States.

Turkmenistan’s total exports to European Union countries rose by 63 percent in January-October 2021 compared to the previous year and reached 440.3 million euros, Eurostat told Trend.

Turkmenistan exported to Italy goods worth 59.2 million euros during the reporting period, compared to 74.6 million euros in January-October 2020.