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    Sustainable Energy Cooperation is an important prerequisite for global development [GGP]


The international Conference “Sustainable cooperation in the energy sector – an important prerequisite for global development” dedicated to the 25th anniversary of the permanent Neutrality of Turkmenistan and to energy, diplomacy of Turkmenistan completed its work in Ashgabat.

by: Turkmen Forum

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Sustainable Energy Cooperation is an important prerequisite for global development [GGP]

The conference started on Tuesday, 1st of December and was held both in live and online formats, which provided the opportunity to bring together key international experts of the oil & gas industry from 33 countries.

The conference was held in the conference hall of the Scientific Research Institute under the State Concern “Turkmengaz” and brought together 232 delegates from 80 companies, 130 of which participated online on Zoom platform.

Topic of the plenary session was “Sustainable cooperation in the energy sector – an important prerequisite for global development”, where  Batyr Amanov – the State Minister - Chairman of the State Concern “Turkmengaz” delivered a keynote speech on “Transnational pipelines - key elements of energy security and sustainable cooperation”.It is encouraging that along with such energy giants as CNPC, PETRONAS, ROSNEFT, BP, LUKOIL, SOCAR, Dragon Oil, representatives of prominent international organizations and financial institutions have also participated in the conference.

Secretary General of the International Gas Union, Luis Bertrand Rafecas delivered a speech on the Role of natural gas in the post-COVID-19 energy world. In addition, Valerie Ducrot - Executive Director of the Global Gas Center (GGC) presented her report on “Natural Gas – key element in the energy transition".

Dr. Stephen Wright, Technical Director of GaffneyCline, a long-standing partner of Turkmen national oil and gas companies, shared his experience of international cross-border cooperation in field development.

The second session of the conference was titled “FINANCIAL INSTITUTIONS – DRIVING FORCE FOR DEVELOPMENT AND STABILITY”, and a keynote speaker and the moderator of this session was the Chairman of the Board of the State Bank for Foreign Economic Affairs of Turkmenistan, Rahymberdi Jepbarov. In this session, the CEO of the TAPI Pipeline Company Limited - Muhammetmyrat Amanov, delivered his speech on the role of the project in the region's energy market and the role of financial institutions in project implementation. 

Representatives from the Asian Development Bank and Credit Suisse have also presented their view on partnership in financing development projects to maximize both domestic and international funding through grants, loans, direct investment and other innovative sources.The first session covered the topic of energy diplomacy of Turkmenistan in the report of Guychgeldi Baygeldiyev, Chairman of the State Concern "Turkmennebit". The Ambassador Extraordinary and Plenipotentiary of the European Union to Turkmenistan, Diego Ruiz Alonso, General Manager of CNPC Li Shuliang, Special Representative of the United Nations Regional Centre for Preventive Diplomacy for Central Asia Natalia Gherman have also presented in this session. Julian Bowden, a research fellow at the Oxford Institute for Energy Studies, moderated the session. Julian has also provided his view on Global gas markets and gas transportation.

After the conference, bilateral meetings between representatives of international organizations, oil and gas companies with the executive management of the oil and gas sector of Turkmenistan were organized.