When used correctly, natural gas enriches the economy and benefits all communities and their sustainable development. With these words, Mohamed Al Aryani, Executive Vice President of the Abu Dhabi National Oil Company ADNOC International, began his speech at the plenary session of the oil and gas investment forum of Turkmenistan in Dubai, Orient reports.
Turkmenistan will play an important role in addressing the global energy crisis and mitigating its impact for a number of reasons: it is blessed with natural resources and strategically located at the crossroads of west and east, Al Aryani said.
- Other countries also have these factors, but Turkmenistan is unique here in that it proactively advocates attracting new investors for the sustainable development of its resource potential through partnership, Al Aryani added.
It is important not only to attract partners, it is important to create the necessary investment climate so that partners do not lose interest and continue to invest, he noted.
To do this, there are three main key provisions: ensuring transparency, fast and efficient decision-making and the necessary commercial conditions so that everyone at the table benefits.
- The leadership of Turkmenistan demonstrates the desire to create just such conditions, and we in the UAE, in ADNOC have no doubt that Turkmenistan will not only play, but will have a leading role in resolving the energy crisis and will make an important contribution to managing the future energy landscape, the vice-president believes President of ADNOC International.
CentralasianLIGHT.org
April 26, 2023