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FinancialNews


  • 03-05-21

    Iran, Turkmenistan to discuss expansion of cooperation in oil industry

    (MENAFN)Managing Director of Iran’s Khazar Exploration and Production Company (KEPCO) Ali Osouli gathered with Turkmenistan’s Ambassador to Tehran Ahmad Ghorbanov to talk about development of cooperation in the oil industry.

    Shana reported that Osouli highlighted the long history of Iran-Turkmenistan ties as two neighboring countries with strong cultural relations and introduced some of the activities and experiences of KEPCO in the Caspian Sea region.

    He stressed the abilities and achievements of his company in deep-water operations.

    The official also underlined the formation of the South Caspian Oil Research Consortium, blocking and prioritization of exploration operations in addition to inking a deal with Azerbaijan for collaboration in Caspian Sea’s Alborz block as some of the important measures taken by KEPCO over the past few years.

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