Turkmenistan president: TAPI gas pipeline becomes more important
Construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline becomes more urgent and more real, Turkmenistan media reported on Saturday quoting Turkmenistan President Gurbangulu Berdymohammadov.
The enlarged session of the government took place in Ashgabad and TAPI report was on the agenda.
“Hundreds of the infrastructure objects are planned to be built along the main gas pipeline and it will become a real contribution to establishment of international energy cooperation. The project will positively affect general situation and make political and economic ties on the Asian continent more stable,” Neutral Turkmenistan newspaper quoted Turkmenistan President.
“In addition to the leading companies specializing in the oil and gas industry, many foreign financial organizations and banks have expressed their interest in this biggest in Asia energy project, which proves its profitability,” said the same source.
Turkmenistan TV reported that Turkmenistan President said at the government session that Turkmenistan has huge hydrocarbon potential, which has been confirmed by authoritative international experts.
“During the past several years a great job has been done to diversify the routes of natural gas export to the international markets,” Berdymohammadov said.—0—
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review