Turkmenistan: Iran, Saudis Dangle Exits from Energy Cul-de-Sac
In these lean times, Turkmenistan has been seeking out potential clients and partners for its energy industry, only for two to present themselves at the same time. Sort of. As chance would have it, they are sworn rivals Iran and Saudi Arabia.
The overture from the Saudis was admittedly very noncommittal and came during last week’s Turkmen-Saudi Joint Committee for Economic and Trade Cooperation, which was convening for its fifth session.
Turkmen deputy prime minister Maksat Babayev led a 40-person team to Saudi Arabia for a five-day trip intended, in part, to build on agreements finalized during President Gurbanguly Berdymukhamedov’s own visit in May 2016.
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