ASHGABAT, Turkmenistan, October 21. XRG, the
international investment arm of ADNOC from the UAE, intends to
expand its investment activities in Turkmenistan, viewing the
country as a key focus of its global gas business development
strategy, the Senior Vice President, International Gas and
Director, Business Development at XRG, Abdulla Alshamsi said,
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correspondent reports.


Alshamsi made the statement at the “Oil and Gas of Turkmenistan
– 2026” (OGT 2026) international conference and exhibition in
Ashgabat.


“We look forward to the opportunity to do much more in
Turkmenistan by working on many other growth projects,” Alshamsi
said.


According to him, the company’s cooperation with Turkmenistan is
shifting from a long-standing dialogue to direct investment thanks
to its participation in the development of the offshore gas
condensate field in Block 1.


Alshamsi cited Block 1 as an example of regional
interconnectivity and international cooperation, bringing together
Turkmenistan’s resources and national institutions with the
capabilities and long-term commitments of partners from the UAE and
Malaysia.


He noted that the combination of local knowledge, international
expertise, responsible investment, and access to existing
infrastructure and markets ensures mutual benefit for all partners
in the collaboration.







“Turkmenistan plays an important role in our global plans,” the
XRG representative emphasized.


According to him, Turkmenistan possesses a significant resource
base, occupies a strategic position in the Caspian region, and has
substantial potential for long-term growth. Cooperation with
national and international partners will connect these resources to
infrastructure, customers, and markets, thereby strengthening the
sustainability and diversification of XRG’s global gas
portfolio.


Abdulla Alshamsi also stated that ADNOC and XRG intend to
continue investing in line with Turkmenistan’s priorities,
promoting the responsible development of resources and the growth
of local capacity.


He emphasized that the further development of the partnership is
built on the long-term relationship between the UAE and
Turkmenistan, which is founded on mutual respect, dialogue, and a
shared interest in economic growth.