BAKU, Azerbaijan, June 20. Turkmen President
Serdar Berdimuhamedov held talks with Malaysian Prime Minister
Anwar Ibrahim in Ashgabat.
This was reflected in a statement published by the press service
of the Turkmen government following the meeting.
"Today, negotiations were held between President Serdar
Berdimuhamedov and Prime Minister of Malaysia Anwar Ibrahim," the
statement said.
According to the press release, the sides discussed the current
state and prospects of Turkmen-Malaysian cooperation.
The statement noted that the leaders highlighted the steady
development of bilateral relations in political, economic and
humanitarian spheres since the establishment of diplomatic ties in
1992.
According to the government, particular attention was paid to
trade, economic and investment cooperation.
The statement said the parties also emphasized the importance of
long-standing cooperation in the oil and gas sector, including the
30-year partnership between Turkmenistan and Malaysia's state-owned
oil and gas company PETRONAS.
According to the report, the leaders reaffirmed their readiness
to further strengthen bilateral cooperation and continue
collaboration within international organizations, including the
United Nations.
For reference, PETRONAS has maintained a presence in
Turkmenistan since July 1996, when it became the first foreign
company to sign a production-sharing agreement (PSA) for offshore
Block I in the Turkmen sector of the Caspian Sea. The block
includes the Magtymguly, Diyarbekir, and Garagol-Deniz fields and
remains one of the country’s key offshore energy assets. This year
also marked two decades of cooperation between Turkmenistan and
PETRONAS in the gas processing sector.
In May 2025, PETRONAS signed a new long-term agreement for Block
I, extending its operations in Turkmenistan through 2050. Under the
updated arrangement, the offshore project currently produces around
400 million cubic feet of natural gas per day and has access to
more than 7 trillion cubic feet of gas resources.
