Turkmenistan identifies priorities of Energy Charter presidency

By  Trend

Turkmenistan has determined its priorities in connection with the country’s chairmanship in the Energy Charter Conference in 2017, the Turkmen government said in a message Jan. 10.

The next session of the Energy Charter Conference is planned to be held in Ashgabat.

Particular attention will be paid to the following areas: processing of raw hydrocarbon materials to produce finished products and to export them; use of renewable energy sources; safe transit of energy resources; increasing energy efficiency and energy saving, as well as reducing impacts of energy use on environment.

Moreover, the agenda will also include issues on stimulating investments in order to meet the increasing global demand for energy and improving investment climate in member countries of the Energy Charter; on attracting new countries to the Charter membership.

Turkmenistan is one of the rich countries for its natural gas resources. According to BP, the country’s recoverable reserves are estimated at 17.5 trillion cubic meters of gas or nine percent of total global reserves, which puts Turkmenistan on the fourth position in this field after Iran, Russia and Qatar.