India, Turkmenistan ink MOU on programme of cooperation

[EjazR]

India, Turkmenistan ink MOU on programme of cooperation
India, Turkmenistan ink MOU on programme of cooperation
ASHGABAT - India and Turkmenistan on Friday signed a memorandum of understanding (MOU) on a programme of cooperation.

The bilateral agreement was signed after delegation-level talks between visiting Indian External Affairs Minister S.M.Krishna and his Turkmenistan counterpart Rashid Meredov

Both Krishna and Meredov signed the MOU.

Krishna also called on the President of Turkmenistan, Gurbanguly Malikgulievich Berdimuhamedov, during which he offered India’s assistance to Turkmenistan in the hydrocarbon sector by way of using the expertise of Indian companies in the sector.

President Berdimuhamedov indicated that India should tap its gas resources through Iran as it can be a good alternative without waiting for the much awaited TAPI gas pipeline project (Tuekmenistan-Afghanistan-Pakistan-India). Krishna accepted the idea and promised to work on it more seriously.

India gives high priority to the gas pipeline to meet its energy requirements and is keen to have such ties with Turkmenistan. By Ravi Shankar (ANI)

 

[BATMAN]

Pakistani political leaders are only good for tourism.
Zardari is busy meeting Hollbrook an officer of US govt. perhaps equivalent to grade 22 officer of Pakistan.
Where is Pakistan's opposition party?

 

[EjazR]

Apparently there was already another MoU back in 2008 under Hamid Ansari

The Hindu : National : India, Turkmenistan ink MoU on cooperation in oil and gas
ASHGABAT (TURKMENISTAN): India and Turkmenistan signed here on Saturday “a framework Memorandum of Understanding on cooperation in the oil and gas sector.”

The MoU was signed by Minister of State for External Affairs E. Ahamed and Turkmenistan’s Deputy Prime Minister for Oil and Gas Tachberdy Tagiev in the presence of the visiting Vice-President, Hamid Ansari, and the host country’s President, Gurbanguly Malikguliyevich Berdimuhammedov, at the grand Presidential Palace. The Vice-President arrived here on Friday afternoon on a three-day visit to Turkmenistan.

The MoU has been under negotiation for two years, and it stills falls short of a full-fledged agreement. However, it does, according a senior official in the Vice-President’s delegation, give the “green signal” for cooperation between differently owned and differently managed companies to begin the procession of cooperation. The political leadership in the two countries can be deemed to have “blessed” a new and higher level of engagement.

The refrain is that India is an energy-deficient country and Turkmenistan is gas-rich, making cooperation between the two, “natural, logical, obvious and mutually beneficial.”

As Mr. Ansari told the Indian media, the first idea should be to enhance the capacity of the two countries to cooperate before an engagement could take place on a sustained basis. He offered for partnership the “vast expertise, experience and required capital” of giant Indian companies such as ONGC, OVL, GAIL and IOC.

In the delegation-level talks, preceding the signing of the MoU, the Turkmen President noted that “participation of large Indian companies and enterprises in the realisation of oil-gas projects in [the] territory of Turkmenistan will serve for [the] two countries’ benefits.”

Both the Turkmen President and Mr. Ansari made a mention of the “Turkmenistan-Afghanistan-Pakistan-India” gas pipeline. But both sides are also aware of “impediments,” to use an Indian official expression, in the way of this grand project. In private, the Indian officials do not gloss over the difficulties posed by continued uncertainties in Afghanistan and by the volatility in the India-Pakistan relationship.

Apart from renewing and stressing “the length and depth” of civilisational links, the two leaders agreed to deepen relationship in the field of education, training and IT.

After the delegation-level talks and the signing of the MoU, he laid a wreath at the tomb of the first President of the Republic, Saparmurat Niyazov. The tomb is located within the Gypchak Mosque complex. Later, he visited the Independence Monument, the national museum, a horse breeding farm and a carpet museum.

 

[BSF]

Krishna also called on the President of Turkmenistan, Gurbanguly Malikgulievich Berdimuhamedov, during which he offered India’s assistance to Turkmenistan in the hydrocarbon sector by way of using the expertise of Indian companies in the sector.

Indian OIL companies preferred over China's
:Woot:

 

[gogbot]

Indian OIL companies preferred over China's
:Woot:

A good win for India's corporate sector, India rarely beats the Chinese offer.