Foreign Relations of Turkmenistan - Natural Resources

Natural Resources

Following the death of President Saparmurat Niyazov in December 2006, there has been much speculation and uncertainty regarding the fate of Turkmenistan's natural resources. Turkmenistan is rich in natural gas, and currently sells most of its gas to Russia and Ukraine. However, the recent change of regime has raised questions that perhaps in a new political climate the People's Republic of China, India, Iran and the United States could start to play a more prominent role.

Turkmenistan is a partner country of the EU INOGATE energy programme, which has four key topics: enhancing energy security, convergence of member state energy markets on the basis of EU internal energy market principles, supporting sustainable energy development, and attracting investment for energy projects of common and regional interest.

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