ASHGABAT, Turkmenistan, February 6.
Turkmenistan and the United Arab Emirates discussed opportunities
to strengthen cooperation between the two countries in the oil and
gas sector,
Trend reports via the Embassy of the UAE in Ashgabat.
The issues were raised during the meeting between Deputy
Chairman of the Cabinet of Ministers and Minister of Foreign
Affairs of Turkmenistan, Rashid Meredov, and Minister of Industry
and Advanced Technology of UAE and CEO of ADNOC, Sultan bin Ahmad
Al Jaber, on the sidelines of the World Governments Summit held in
Dubai.
Abu Dhabi National Oil Company (ADNOC) is the state-owned oil
company of Abu Dhabi, UAE. It is one of the world’s largest oil
companies by production.
Earlier, in May 2025, ADNOC, through its international
investment arm XRG, acquired a 38% stake in the large gas field
known as “Block I” in the Turkmen sector of the Caspian Sea. In
November 2025, ADNOC opened a representative office in
Ashgabat.
Relations between Turkmenistan and the UAE are characterized by
a growing strategic partnership focused on friendship and respect.
Key cooperation areas include the energy sector, trade (with
non-oil trade exceeding $1 billion in 2024), investment, and
transportation.
The UAE is a significant investor in Turkmenistan's energy
sector, notably through the Abu Dhabi National Oil Company (ADNOC)
and joint projects on gas development and renewable energy with
Masdar. Diplomatic ties, established in 1995, remain strong with
embassies in both capitals.
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