Erdogan: We are ready for cooperation with Azerbaijan and Turkmenistan on the "Dostlug" field.

Erdogan: We are ready for cooperation with Azerbaijan and Turkmenistan on the "Dostlug" field.
"We are ready for cooperation with our Turkmen and Azerbaijani brothers on the "Dostluq" field in the Caspian Sea."

Qazet.az report  that Turkish President Recep Tayyip Erdogan said this during his speech at the large-scale meeting of the presidents of Azerbaijan, Turkey and Turkmenistan in the city of Turkmenbashi on December 14.

Erdogan also touched on the importance of the Southern Gas Corridor for Europe: "The importance of energy security and resource diversification has been re-understood for the whole world, especially Europe. Basically, as Turkey, we have been taking steps in this direction for a long time. The Baku-Tbilisi-Ceyhan oil pipeline and the Southern Gas Corridor stand out from this point of view. We transport Caspian gas to Europe through this corridor, which forms the backbone of the Trans-Anatolian Gas Pipeline (TANAP).

The President of Turkey emphasized that we need to start the work aimed at transporting natural gas of Turkmenistan to Western markets in the same way.

It should be noted that the field, which is called "Kepaz" by Azerbaijan and "Sardar" by Turkmenistan, and has rich oil and gas reserves, is located on the sea border of the two countries. During the USSR, the field was discovered by Azerbaijani oilmen in a layer 4 kilometers deep, and in 1989, the first exploratory well was drilled there.

During the USSR, this deposit was called "Promejutochnoe", i.e. "Medium", because it was located in the middle of the sea border between Azerbaijan and Turkmenistan. Although the "Dostluq" field was discovered by Azerbaijani oilmen, due to its location on the sea border of Azerbaijan and Turkmenistan, it was not possible to develop it for many years, and successive negotiations were held on the issue.

According to the "Memorandum of Understanding between the Government of the Republic of Azerbaijan and the Government of Turkmenistan on the joint exploration, development and exploitation of hydrocarbon resources of the "Dostlug" field in the Caspian Sea", the Joint Working Group was established for the purpose of preparing and agreeing on the draft intergovernmental agreement that will regulate the cooperation between the parties on the "Dostlug" field. shows.