Friday, June 15, 2012 -
A senior executive of U.S. energy giant Chevron Corp told the leader of Turkmenistan Thursday his company was ready to develop Turkmenistan’s gas resources and bring them to international markets.
Chevron Executive Vice President of Business Development Jay Pryor voiced that intention during talks with the Turkmen president in Ashgabat.
For his part, President Gurbanguly Berdimuhamedov expressed an interest in investment by big U.S. companies.
"Turkmenistan works toward full modernization of its economy through active involvement of the best in world experience, which major U.S. companies have," the head of state said at the talks, according to the Turkmen state press service.
Cooperation between the multinational energy corporation and Turkmenistan remains at the stage of discussions, even though Chevron opened an office in the
Turkmen capital some time back.
The two sides discussed projects currently being undertaken by the Ashgabat government, the State News Agency of Turkmenistan reported.
Turkmenistan is eager to develop its massive gas reserves and open up export routes to energy-hungry international markets.
Ashgabat has been in talks with Europe on a westward transportation route.