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President: "It is beyond doubt that the signing of the Memorandum marks a fundamentally new stage in the energy cooperation between Turkmenistan and Azerbaijan"

21 January 2021 21:21 (UTC +04:00)

It is beyond doubt that the signing of the Memorandum marks a fundamentally new stage in the energy cooperation between Turkmenistan and Azerbaijan in the Caspian Sea, said President of Turkmenistan Gurbanguly Berdimuhamedov in a meeting through video conferencing with President of the Republic of Azerbaijan Ilham Aliyev in connection with the signing of a Memorandum of Understanding between the Government of the Republic of Azerbaijan and the Government of Turkmenistan on joint exploration and development of hydrocarbon resources of the “Dostlug” field in the Caspian Sea, APA reports..

"New opportunities for joint work based on a solid international legal framework are opening up and additional serious incentives are emerging for the inflow of major foreign investments into our region on a systematic and long-term basis. I would like to take this opportunity to express my deep gratitude to the specialists and experts of the two countries, as well as to all those who contributed to the preparation of this document," added Gurbanguly Berdimuhamedov