By Brenda Shaffer
February 16, 2021, the CACI Analyst
On January 21, 2021 the Presidents of Azerbaijan and Turkmenistan signed an intergovernmental Memorandum of Understanding (MOU) for joint development of the newly named Dostluq (friendship in Azerbaijani and Turkmen languages) oil and natural gas field. This agreement will likely facilitate multiple new ventures in oil and gas in the Caspian Sea. It also reflects the mutual desire of the two states for increased cooperation in multiple spheres beyond energy and is the result of increased contacts between the two neighboring countries over the last two years. Increased cooperation between Azerbaijan and Turkmenistan is likely to emerge beyond the sphere of energy.
The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.