THE DEVELOPMENT OF SUSTAINABLE ENERGY IS THE FOCUS OF THE ENERGY CHARTER CONFERENCE

On November 29, 2017, the 28th session of the Energy Charter Conference under the theme "Mobilizing Investments for Sustainable Energy of the Future and Diversifying Transport Routes" continued its work at the Oguzkent Hotel.

The Ministerial part of the 28th session of the Energy Charter Conference served as a platform for decision-makers at the highest level and leaders of energy enterprises to engage in policy dialogue on sustainable energy investments, reliable transit and diversification of supply routes and energy sources within the International Energy Community Charter.

During the session, the Chairman of the Energy Charter Conference, Deputy Chairman of the Cabinet of Ministers of Turkmenistan M.Babayev, Vice Prime Minister, Minister of Foreign Affairs of Georgia M.Janelidze, OSCE Secretary General Thomas Greminger, Secretary General of the International Energy Charter U.Rusnak made their presentations.

Chairman of the Energy Charter Conference, Deputy Chairman of the Cabinet of Ministers of Turkmenistan M. Babayev summing up the results of Turkmenistan's chairmanship in the Energy Charter, listed the measures taken by Turkmenistan to ensure comprehensive and indivisible energy security. He said that the geography of membership in the Energy Charter is also expanding, that at the present time the appeals of several other countries are being considered. Turkmenistan considers diversification of the transport infrastructure as one of the main tasks in the sphere of energy security. "The implementation of this strategic direction assumes a comprehensive development of energy cooperation not only between the energy supplier countries, their transit countries and consumers, but also by interested parties and international organizations, in particular the UN and the Energy Charter," M.Babayev said.

Secretary General of the International Energy Charter Urban Rusnak said that in many countries energy policy reforms are being carried out. He believes that the Energy Charter Treaty should be modernized, that there is a great potential for attracting investments in the development of energy.

Speaking at the session, OSCE Secretary General Thomas Greminger praised Turkmenistan's chairmanship in the Energy Charter, and said that this country plays a significant role in maintaining stability in the Central Asian region. Speaking about the fact that the OSCE has been dealing with energy security issues for several years, Greminger said that geopolitical competition requires political cooperation in matters of energy security.

Speaking at the conference, Deputy Prime Minister and Foreign Minister of Georgia Mikheil Janelidze said that joining the Southern Gas Corridor would allow Turkmenistan to transport its gas to Turkey and Europe. M.Janelidze also touched upon the TAPI project - a gas pipeline being built between Turkmenistan, Afghanistan, Pakistan and India. In the context of energy transfer from the region to Europe, the politician stressed the particular importance of such projects as the South Caucasus Gas Pipeline, the Transatlantic Gas Pipeline, and the Trans Adriatic Gas Pipeline.

Expressing gratitude to the Government of Turkmenistan and personally to the President of Turkmenistan Gurbanguly Berdimuhamedov for the support provided during the 28th session of the Energy Charter Conference and appreciating the efforts to strengthen the role of the International Energy Charter during the Turkmenistan Chairmanship, the participants in the 28th session of the Energy Charter Conference adopted Ashgabat Declaration of the Energy Charter as a strategic medium-term document until the next review to be undertaken in 2019.

Then a press conference was held, during which representatives of Turkmenistan, Japan, Romania and the Secretary General of the International Energy Charter made statements.