OREANDA-NEWS. Ashgabat (Turkmenistan) hosts November 14-15 the 12th Turkmen International Conference “Oil and Gas of Turkmanistan-2007” (TIOGE-2007).  A Gazprom delegation, chaired by Valery Golubev, Deputy Chairman of the Gazprom Management Committee, was attending the Conference, Gazprom's information division disclosed.  

Valery Golubev, reporting at the plenary session, underscored that Gazprom highly valued the multilateral cooperation development between Gazprom and Turkmenistan as long-standing reliable partners. The fulfillment of accords achieved and set in the Intergovernmental Agreement signed on April 10, 2003, opens new horizons for cooperation between Russian and Turkmen companies. The construction of the Precaspian gas pipeline is the largest joint project ever.

Valery Golubev also specified that Gazprom considered its participation in the gas exploration and production in the Caspian Sea offshore area as well as assured  the gas and chemical projects to be the most relevant and perspective cooperation directions.

The reporter said that the cooperation between Gazprom and Turkmenistan was not limited to production business. The Company plans to rapidly develop joint educational projects. Particularly, the parties plan to establish a branch of Gubkin Russian State University of Oil and Gas as well as to prepare Turkmen applicants for entering the Russian oil and gas universities.

Russia and Turkmenistan entered into a 25-year Agreement for cooperation in the gas industry on April 10, 2003. In conjunction with the Agreement, Gazprom export, a Gazprom wholly owned subsidiary, and the Turkmenneftegaz gas transmission company concluded a long-term Contract for the Turkmen natural gas purchase and sale.

The 12th Turkmen International Conference "Oil and Gas of Turkmenistan-2007" is attended by oil and gas companies from different countries. In the framework of the Conference the parties address issues related to field development in Turkmenistan, including the Turkmen section of the Caspian Sea's offshore area, technical problems and ways of solving them within the hydrocarbon prospecting, processing and transportation.