• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12768.26
    • RUB162.63
    • EUR14400.04
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +23°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Economics Turkmenistan

    Turkmenistan and Dragon Oil discuss enhanced oil and gas cooperation

    Turkmenistan and Dragon Oil discuss enhanced oil and gas cooperation

    Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov held a meeting with Ali Rashid Al-Jarwan, the Executive Director of Dragon Oil. The meeting aimed to explore avenues for deepening cooperation in the oil and gas industry, highlighting the strategic importance of collaboration between the two entities.

    Photo: Turkmenistan and UAE discuss significant oil and gas reserves
    Source: Google Images

     

    Al-Jarwan stressed the robust and cordial relations between Turkmenistan and the United Arab Emirates (UAE), emphasizing the foundation of mutual trust that underpins their partnership. He expressed gratitude for the opportunity to operate in Turkmenistan, where Dragon Oil has established a successful presence over the years.

    Berdimuhamedov, on his part, emphasized the active bilateral cooperation facilitated by the joint efforts of leadership from both nations. He fondly recalled his recent visit to the UAE in January, during which he engaged in substantive discussions on various aspects of bilateral relations with Sheikh Mohammed bin Zayed Al Nahyan, the President of the UAE.

    The meeting also highlighted Turkmenistan and the UAE's substantial reserves of natural gas and oil, positioning them among the world's wealthiest nations in terms of energy resources. Both parties acknowledged their extensive experience in the development of the oil and gas industry, paving the way for enhanced collaboration.

    Photo: Dragon Oil, a major Turkmenistan investor, with $8bn since 1999
    Source: Google Images

     

    Berdimuhamedov reiterated Turkmenistan's readiness to further expand its productive cooperation with Dragon Oil, signaling a commitment to leveraging mutual strengths for shared prosperity. The parties expressed confidence that the existing mutual interest would serve as a solid foundation for future fruitful cooperation in the oil and gas sector.

    Dragon Oil has been a prominent investor in Turkmenistan’s economy, injecting about $8bn since 1999 into developing the nation’s Caspian Sea shelf. 

    By 2022, the trade volume between the two countries surged to about $1.3bn, excluding oil trade, showing a nearly 50% rise from the previous year. In 2021, the Abu Dhabi Development Fund partnered with Turkmenistan to create a joint investment firm, aiming for a capitalization of $100mn.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    13.06.2024, 17:02   Comments (0)   1279
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Dragon Oil opens its largest overseas office in Ashgabat 

    29.12.2023, 13:03

    Dragon Oil to expand presence in Turkmenistan's Caspian sector

    08.01.2024, 17:43

    Dragon Oil (UAE) starts new geological exploration in Turkmenistan Caspian sector

    06.02.2024, 13:36

    Central Bank of Uzbekistan keeps key interest rate steady at 14%

    13.06.2024, 14:30

    KazMunayGas and Hyundai Engineering sign agreement to enhance oil, gas, and petrochemical collaboration

    13.06.2024, 13:35

    Asia Alliance Bank halts forex transactions with Russian residents amid US sanctions 

    13.06.2024, 12:23
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beeline Uzbekistan started 2025 with a significant network modernization


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024

     

    Recommended

    "We wouldn’t have won without U.S. aid" – The hidden truths behind the USSR’s World War II victory

    12 May, 15:39

    Uzbekistan's banking deposits surge to $25.2bn in March

    8 May, 17:24

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    8 May, 11:26

    Uzbekistan sees rise in cross-border travel as outbound tourism jumps 20%

    7 May, 12:38
     
     
     

    Latest news

    Kazakhstan, Germany expand partnership in trade, energy, and investment

    Kazakhstan | 29 May, 17:25

    More than 4mn women and children face malnutrition in Afghanistan

    Afghanistan | 29 May, 15:32

    Uzbekistan and Italy sign agreements on investment, migration, and sustainability

    Uzbekistan | 29 May, 14:35

    Uzbekistan and Italy triple trade as partnership enters new phase

    Uzbekistan | 29 May, 13:42

    Uzbekistan, China sign cooperation agreements to unite road standards and boost digital innovation

    Uzbekistan | 29 May, 12:30

    Uzbekistan’s public debt reaches $42.43bn in 1Q25, up by $2.22bn

    Uzbekistan | 29 May, 11:28

    UN Women opens country office in Tashkent, Uzbekistan

    Uzbekistan | 29 May, 10:30

    Germany offers jobs to 50 Uzbek nurses with salaries starting at €2,800

    Uzbekistan | 29 May, 09:01

    Kazakhstan, Italy deepen trade and investment ties as bilateral turnover hits $4.4bn in 1Q25

    Kazakhstan | 28 May, 17:02

    Uzbekistan, WIPO to strengthen IP sector with new strategy and joint training program

    Uzbekistan | 28 May, 15:15
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.