Mr. Jam Kamal Khan, Minister of State for Petroleum & Natural Resources visited Turkmenistan for participation in 5th Turkmenistan Gas Congress-2014
Mr. Jam Kamal Khan, Minister of State for Petroleum & Natural Resources visited Turkmenistan for participation in 5th Turkmenistan Gas Congress-2014, held on May 20-21, 2014. He was accompanied by Managing Director/CEO of Pakistan Petroleum Limited, Mr. Asim Murtaza Khan. In his keynote address in the Plenary Session, the Minister of State apprized the participants of the current status of the production of natural gas and requirement of energy in Pakistan. He expressed that economies of Pakistan and Turkmenistan complement each other. Turkmenistan can get access to open Sea through Gawadar port for export of its crude oil and natural gas and Pakistan can import natural gas and crude oil from Turkmenistan to meet the shortage of energy in the country. Mr. Jam Kamal Khan appreciated the policies of Turkmen President, Gurbanguly Berdimuhammedov adopted for the economic development of the country and for diversification of the export
routes of Turkmen natural gas.
The Minister of State also apprized the participants of the macro-economic policies adopted by the present government in various sectors of Pakistan's economy which have started yielding positive results. He stressed on the need for early implementation of TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas pipeline project, which is vital for the economic development of the region in general and Pakistan in particular.
The Minister of State also participated in Turkmen Gas Exhibition on May 20,2014. On the sidelines of the Congress, Mr. Jam Kamal Khan held a meeting with the Vice Premier/Incharge of oil and gas industry of Turkmenistan, Baymyrat Hojamuhammedov on May 20, 2014 and discussed issues of mutual interest, including progress on TAPI gas pipeline project and explored the possibilities of importing different forms of energy from Turkmenistan e.g. Liquefied Petroleum Gas (LPG), etc. The two sides also discussed ways and means of enhancing bilateral economic cooperation. The Minister of State expressed that Pakistani companies are willing toparticipate in the exploration and production of hydrocarbon resources of Turkmenistan. Turkmen side desired that a Pakistani delegation consisting of experts from oil and gas sector may visit Turkmenistan for detailed discussions for entering into joint ventures or equity sharing agreements.
Turkmenistan which has fourth largest reserves of natural gas, is supplying natural gas to Russia, China and Iran. Export of Turkmen blue fuel to Europe (through Trans Caspian pipeline) is under active consideration and for this purpose East-West pipeline is under construction.
The Minister of State conveyed warm regards for the President of Turkmenistan from the Prime Minister of Pakistan, Mian Muhammad Nawaz Sharif which was reciprocated by the Chairman.