World's Energy

04.07.2008 - RZD Partner News - India will produce natural gas in Turkmenistan and deliver it by the Trans-Afghan pipeline in line with a memorandum of mutual understanding the Turkmen Oil, Gas and Natural Resources Ministry and the Indian Oil and Gas Ministry signed on Saturday, Itar-Tass reports. The memorandum was signed during the Ashgabat visit of Indian Vice-President Hamid Ansari. On Sunday he will visit the largest gas deposit of Turkmenistan, Dovletabad, the source of the future Trans-Afghan pipeline, the Turkmen governmental press service said. “The pipeline between Turkmenistan, Afghanistan, Pakistan and India will be a weighty contribution to the positive cooperation on this continent,” Turkmen President Gurbanguly Berdimuhamedow told Ansari. The sides named agriculture, textile and pharmaceutical industries amongst cooperation priorities. Berdimuhamedow said that the bilateral trade grew by nearly ten times in 2006-2007.