UAE, Turkmenistan seal partnerships in energy and infrastructure
The UAE and Turkmenistan have strengthened energy cooperation with two agreements on gas production and export.
Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC was a part of the UAE delegation visiting Turkmenistan to enhance cooperation with the country in key sectors including energy and infrastructure.
The delegation included several representatives from the UAE government and private sector entities, including Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, and Ahmed Al Sayegh, Minister of State.
They met with Gurbanguly Berdimuhamedov, the National Leader of the Turkmen people, Chairman of the People's Council of Turkmenistan, as well as Serdar Berdimuhamedow, President of Turkmenistan.
ADNOC's XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit signed the Production Sharing Contract (PSC) with the State Concern Turkmennebit, enabling joint exploration, development, and production of natural gas resources in the fields of Turkmenistan. XRG and PETRONAS also signed a long-term Gas Sales Agreement (GSA) with State Concern Turkmengas, ensuring a steady offtake and export of the produced gas.
The visit reflects the commitment of both countries' leadership to advancing cooperation in economic and investment sectors for the mutual benefit of both nations and their people.
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