International roadshow «Oil and Gas of Turkmenistan» opened in Dubai

On February 24, 2020, the official opening ceremony of the International Conference «TAPI - the Pipeline for Peace and Cooperation» and the roadshow «Oil and Gas of Turkmenistan» took place in the «Al Maha» conference hall of the Hyatt Regency Dubai Creek Heights Hotel of Dubai.

The opportunities for the development of oil and gas sector of Turkmenistan attract the attention of foreign investors, as well as the international organizations, government delegations and trade companies. More than 200 delegates and over 100 companies from about 40 countries confirmed their participation in the Conference. In addition to the plenary session, four more sessions, pre-agreed bilateral meetings, as well as a round table and seminar are planned to take place during the two days of the Conference.

The Advisor to the President of Turkmenistan on Oil and Gas Issues Yagshigeldy Kakaev addressed the delegates with a welcoming speech. Noting the role of Turkmenistan's neutrality as an effective mechanism for establishing fruitful cooperation in addressing pressing issues, strengthening friendly and good neighborly relations between the states and peoples, he urged the potential investors for mutually beneficial cooperation. The participants were also familiarized with a detailed overview of the achievements of the oil and gas industry of Turkmenistan, plans and projects of the oil and gas sector of Turkmenistan for the near future.

Then the Ambassador of Turkmenistan to the UAE, “Dragon Oil” Company’s Board Chairman Saeed Al Tayer, Acting Minister of Industry and Commerce of Afghanistan Ajmal Ahmady, Chief Executive Officer of the “TAPI Pipeline Company Limited” M.Amanov, as well as the Chairman of the State Bank for Foreign Economic Affairs of Turkmenistan R.Jepbarov gave speeches at the event.

At the end of the plenary session, moderator Ronald Nash, Chairman of the Turkmenistan-UK Trade and Industry Council, drawing attention to the exceptional importance of the peace-loving policy and neutral status of Turkmenistan in the modern world, cited the relationship between Turkmenistan and Afghanistan as an example. The speaker stressed Turkmenistan's efforts in supporting Afghanistan for political, economic and social stabilization of the country, noting the provision of humanitarian aid, electricity today and the benefits of commissioning the TAPI gas pipeline in the future.