Turkmenistan and Azerbaijan sign Memorandum on joint development of oil and gas field in the Caspian Sea

Turkmenistan and Azerbaijan signed the Memorandum of Understanding on the joint development of hydrocarbon resources of Dostluk (Friendship) field in the Caspian Sea. President Gurbanguly Berdimuhamedov and President Ilham Aliyev attended the ceremony online.

The signing ceremony took place at the Ministry of Foreign Affairs of Turkmenistan in Ashgabat. The document was signed by Deputy Prime Minister, Minister of Foreign Affairs of Turkmenistan Rashid Meredov and visiting Foreign Minister of Azerbaijan Jeyhun Bayramov.

Speaking at the ceremony, Gurbanguly Berdimuhamedov noted that the signing of the Memorandum marked a milestone in the history of traditionally friendly, fraternal Turkmen-Azerbaijani relations.

In response, Ilham Aliyev also stressed the exceptional importance of signing the Memorandum on joint development of Dostluk oil and gas field in the Caspian Sea.

Following the statements by the heads of state, the foreign ministers of the two countries signed the Memorandum of Understanding between the governments of Turkmenistan and Azerbaijan on the joint development of hydrocarbon resources of Dostluk field in the Caspian Sea.

More related articles

The winners of a creative competition were awarded in the eastern region of Turkmenistan
Ambassador of Iran to Turkmenistan sees great potential of the SEZ “Sarakhs”
An observer of one of the Central Asian publications assessed the state and prospects for the development of the gas industry of Turkmenistan
Turkmen Activist’s Brother Nearly Dies in Suspected Arson Attack
Turkmenistan and Azerbaijan are preparing an agreement on the delimitation of the bottom of the Caspian Sea
In 2022 trade turnover between Azerbaijan and Turkmenistan reached the record level
Turkmenistan, Azerbaijan Mull Expansion of Energy Ties