Sun 28 Apr 2024 | 28 April 2024

Iran, Turkmenistan Discuss Energy Deals

Irans 14th exclusive exhibition held with the presence of various public and private companies in Turkmenistan.

Senior officials from Iran and Turkmenistan"s oil, gas, and petrochemical sectors have held talks on the sidelines of the Islamic Republic"s 14th special exhibition in Ashgabat, to explore avenues of mutual cooperation.

According to the report of the public relations of the National Iranian Gas Company, headed by deputy minister of petroleum for engineering, research, and technology affairs Vahidreza Zeidifard, the Iranian delegation met and discussed cooperation in various areas with the representatives of Turkmenistan"s national oil, gas and petrochemical companies in separate meetings.

Speaking in the meeting with the deputy head of Turkmenistan"s national gas company Türkmengaz, Zeidifard introduced the capabilities of Iranian companies active in the oil industry and emphasized the development and cooperation between the two countries.

Pointing to the fact that over 70 percent of the equipment and items used in the Iranian oil and gas industry are manufactured by domestic producers, the official proposed to help Turkmenistan by supplying the country with such equipment.

Expressing the Islamic Republic"s readiness for building refineries, developing oil and gas fields, and supplying high-quality parts and equipment at a reasonable price to the Turkmen parties, he invited the oil and gas officials of Turkmenistan to visit Iran to get familiar with the capabilities of the country"s oil industry.

It is worth mentioning that, the purpose of the exhibition is to develop cooperation between the two countries in the field of natural gas and technical and engineering services in this field.

"Currently, Iran and Turkmenistan have a gas swap agreement with each other and the relations between the two countries are brotherly, cultural and, in a word, very close. These deep relations can pave the way for development of interactions between the two countries," he stated.

The Turkmen side for his part welcomed the presence of Iranian companies, especially from the Oil Ministry, in this exhibition, expressing hope that the cooperation between the two friendly and brotherly countries would develop.

Iran"s 14th exclusive exhibition kicked off in Turkmenistan"s capital city Ashgabat on February 14 and was wrapped up on Friday.

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