Azerbaijan, Baku, April 14 / Trend /
An international exhibition is opening today in Ashgabat alongisde the First International Gas Congress. Over 150 international organizations and companies from 32 countries aill attend the event, the Turkmen Embassy in Baku reported.
The exhibition and the First International Gas Congress were initiated by Turkmen President Gurbanguly Berdimuhammedov. They will provide the international gas community with the opportunity to discuss key issues to develop the gas industry, expand relations, and establish a new business partnership aimed at attracting foreign investment and international cooperation in developing Turkmenistan's enormous hydrocarbon resources.
Turkmenistan implements measures to diversify its natural gas pipeline infrastructure. Late 2009 was marked by the launch of a gas pipeline from Turkmenistan to China. Stretching 7,000 miles, the pipeline will carry 40 billion cubic meters of gas per year over 30 years. At the same time, since early this year, Turkmenistan resumed gas deliveries to Russia worth $30 billion cubic meters a year. The country will also open a second gas pipeline to Iran, which will increase the volume of sales in this country to 20 billion cubic meters a year.
Turkmenistan has concluded agreements with leading companies totaling $9.5 billion to initiate the active development of the Southern Eloten Osman field.
These projects and agreements are an important factor in intensifying trade and economic ties in the region, and expanding partnership, stability and understanding in the region in the context of international efforts to ensure energy security.