Turkmen President, ARETI CEO discuss oil and gas projects

AKIPRESS.COM - President of Turkmenistan Gurbanguly Berdimuhamedov received head of the ARETI International Group Igor Makarov on Feb 19, the local media report.
During the meeting, Makarov praised progressive reforms in the oil and gas industry of Turkmenistan and noted the country is highly respected in the world as a producer of energy resources.
Turkmen President stressed the openness of Turkmenistan for constructive interactions with leading representatives of world business and noted with satisfaction the productive nature of business cooperation with ARETI, with which successful experience of many years of joint work has been accumulated.
ARETI CEO briefed the President on the activities of the company, the promotion of a number of projects entrusted to the company in various fields, including in the oil and gas sector, as well as on works to develop the Turkmen shelf of the Caspian Sea.
The parties also discussed cooperation in the field of sports, including the issues of holding the World Track Cycling Championship in Turkmenistan in 2021 and the World Road Cycling Championship in 2026.
ARETI International Group is a project by the Russian businessman Igor Makarov which was created as a result of rebranding of ITERA International Group of Companies, which history started in 1992. With its headquarter in Switzerland, ARETI group is focused on investments in the oil and gas sector, engineering, power supply, real estate development, and food product manufacturing and delivery. The company has a 25-year experience in oil and gas sector.