U.S. State Department appreciates Turkmenistan's energy strategy

The U.S appreciates Turkmenistan's energy strategy and its positive initiatives on global energy security, the U.S. State Department representative for Eurasian Energy Daniel Stein said on Saturday, Turkmen Dovlet Khabarlary reported.

Stein has held a meeting in the Turkmen government.

"During the talks, Stein stressed the U.S. interest in the further intensification of the political, economic and cultural dialogue with dynamically developing Turkmenistan," the information said.

The parties paid special attention to the most important aspects of the bilateral relations of mutual interest, in particular the fuel-energy sector.

Stein said that the U.S appreciates Turkmenistan's energy strategy and its positive initiatives on global energy security and the development of broad international cooperation.

The world business circles' growing interest, including leading U.S. companies, in the promising Turkmen market and major projects implemented in the oil and gas industry was stressed.

It was stressed that Turkmenistan is always open for equal and effective cooperation with all foreign partners.

Turkmen Dovlet Khabarlary reported that while implementing the energy strategy, guided by the principles of the national fuel-energy sector modernization and export route diversification for supplying Turkmen energy resources to the world markets, Turkmenistan has gained extensive experience in implementing large-scale projects of regional and international importance, particularly in the gas sector.

The participants expressed confidence in further successful intensifying and expanding mutually beneficial dialogue and developing the traditional friendship and equal partnership.

President Obama's administration has recently taken a political course for rapprochement with Turkmenistan. The U.S companies' exhibitions, followed by business forums and high-level business meetings are held in Ashgabat.

The political consultations have been regularly conducted.

The cooperation is underway in such areas the supply of agricultural equipment, modernization of the fleet of the Turkmen civil aviation, import of power equipment.

Besides Chevron, ExxonMobil, Jeneral Electric, Case and others have opened their offices in the country. The White House began actively supporting such regional gas pipeline projects from Turkmenistan as the Turkmenistan-Afghanistan-Pakistan-India (TAPI) and Trans-Caspian via the Caspian Sea and Azerbaijan to Europe.

The negotiations on the development of hydrocarbon fields in Turkmenistan, ranking fourth among the largest natural gas reserves in the world are underway. Ashgabat invites U.S. companies to the development of the Turkmen Caspian shelf.

Chevron, ExxonMobil, Conoco Phillips, Honeywell and others are among the interested companies.