Turkmenistan committed to diversification principles of international cooperation in energy sector

Turkmenistan is one of the leading manufacturers and suppliers of energy resources and having a great transit potential, is committed to the principles of diversification of international cooperation in the energy sphere, Ambassador of Turkmenistan to Azerbaijan Toyli Komekov said at a press conference.

"Turkmenistan is based on the fact that a long-term and sustainable development requires modern, responsible international system of energy supply, which meets developing conditions," he added.

He noted that in the framework of the 67th session of the UN General Assembly Turkmenistan will continue the consistent implementation of initiatives launched by President Gurbanguly Berdymuhamedov in providing reliable and stable supply of energy resources to the world markets.

"Turkmenistan will focus on the further development of the provisions of the UN General Assembly resolution Reliable and stable transit of energy and its role in sustainable development and international cooperation, unanimously adopted in December 2008," he said.

The Ambassador said Turkmenistan intends to make full use of the mechanisms of energy diplomacy, designed to promote productive development of the negotiation process in this area.

"In this direction, we will continue standing for making multilateral consensus solutions designed to be the foundation of a fundamentally new model of relations in the world energy sphere, based on the principle of compatibility of interests of producers, transit countries and consumers of energy resources, the ability of the world community to come to a common view on future configuration of the supply routes," he added. "The work will be conducted to establish the interregional energy dialogue under the UN auspices."

He added that special attention will be paid to the creation of an international mechanism aimed at ensuring the effective functioning of the system of energy supply.

Turkmenistan will propose to start the substantive work on launching the process of creating an international legal instrument, which includes three main elements: a multilateral UN document (convention, treaty), institutional mechanism (the relevant UN agency, designed to monitor the implementation of a multilateral document), data base (collection and data analysis of fulfilling the commitments taken by the countries) to develop this initiative at the 67th session of the General Assembly.

"As the first step in this direction, we consider it expedient to form an international expert group in cooperation with the UN, which could consist of representatives of all interested member-states of the Organization," he said.