“There is great potential for growth and consolidation of the relations between Romania and Turkmenistan in the energy sector. (…) The two parties have agreed on the possibility to set up Romanian-Turkmen joint ventures in charge with manufacturing and maintenance of the equipment necessary in energy industry in Turkmenistan and on the setup of joint ventures specializing in energy services,” said Bogdan Badea, state secretary in the Energy Ministry.

Between October 29-30, Badea attended the reunion of the Romanian-Turkmen working group for cooperation in energy sector in Turkmenistan.

In his turn, Tachdurdy Begjanov, president of Turkmenistan’s national oil company Turkmennebit, stated that there is great potential of collaboration between Romania and Turkmenistan in energy sector, especially in terms of hydrocarbon exploration in the Turkmen sector of the Caspian Sea, oil and natural gas refineries or natural gas processing.