In Turkmenistan, much attention is paid to the development of sports and mass physical culture, the professional training and comprehensive development of young athletes and the promotion of a healthy lifestyle. Based on this, this year, which is being held under the motto “Happy Youth with Arkadag Serdar”, competitions in various sports are regularly held.

A number of countries that are members of the OPEC + alliance, from Monday, May 1, voluntarily reduce oil production in addition to their quotas as part of an agreement with partners and will keep it at this level until the end of 2023, Interfax reports.

International company “Yasir Basir” has started transporting liquefied petroleum gas from Turkmenistan to Pakistan by road through Afghanistan.

The international forum on attracting foreign investment in the oil and gas industry of Turkmenistan, held on April 26-27 in Dubai, the United Arab Emirates, brought together representatives of the world's leading companies and identified potential partners for the oil and gas industry, opened new horizons for expanding existing mutually beneficial ties. This was noted in the address of the participants of the visiting forum to the President of Turkmenistan Serdar Berdimuhamedov.

Optimal options for solving the urgent problem of utilizing large volumes of sulfur, which remains in the process of natural gas production at the fields of Turkmenistan, have been developed by specialists from the Scientific Research Institute of Natural Gas of the State Concern “Turkmengas”.

In the future, with the implementation of seven stages of development of the giant Galkynysh field, the annual production of natural gas will reach about 200 billion cubic meters of “blue fuel”. This was stated in the speech of the head of the laboratory of the Scientific Research Institute of Natural Gas of the State Concern “Turkmengas” Irina Luryeva at the International Forum on attracting investments in the energy sector of Turkmenistan in Dubai.

The accelerating energy transition further highlights Turkmenistan’s critical role in maintaining global energy security as a stable and reliable supplier of hydrocarbon resources and as a country supporting the development of renewable and sustainable energy sources. This was stated by the Minister of State of the UAE, member of the board of directors of the Abu Dhabi National Oil Company (ADNOC), Abu Dhabi Development Fund Ahmed Ali Al Sayed, speaking at the International Forum on attracting foreign investment in the oil and gas industry of Turkmenistan, which opened on Wednesday in Dubai.

Chairman of the State Concern "Turkmennebit" Guvanch Agajanov called on foreign companies to actively engage in investment activities to implement projects in the oil and gas sector of Turkmenistan, speaking on Thursday at the International Forum on attracting investments in the energy sector of Turkmenistan, held in Dubai.

Recently, Turkmenistan has become more and more established as a major gas hub in the region, whose gas branches go to China, Russia, Azerbaijan, Kazakhstan, Uzbekistan and Iran. Our country is working to expand the export geography of its gas routes. This was stated by the Ambassador Extraordinary and Plenipotentiary of Turkmenistan to the UAE Serdarmammet Garajayev at the International Forum on Attracting Investments in the Energy Sector of Turkmenistan, held in Dubai on April 26-27.

Turkmenistan is the largest player in the Asian oil and gas market. The country's hydrocarbon resources are estimated at more than 71 billion tons of oil equivalent, of which more than 20 billion tons of oil and more than 50 trillion cubic meters of natural gas. This was stated by the State Minister - Chairman of the State Concern "Turkmengas" Batyr Amanov, speaking at the International Forum on attracting foreign investment in the oil and gas industry of Turkmenistan, which began its work on April 26 in Dubai (UAE).

In his address, President Serdar Berdimuhamedov congratulated the participants of the International Field Forum on Attracting Foreign Investments in the Oil and Gas Industry of Turkmenistan, held in Dubai, United Arab Emirates, on the start of work.

Today, the International Forum on attracting foreign investment in the oil and gas industry of Turkmenistan began its work at the Hyatt Regency hotel in Dubai (United Arab Emirates). It is organized by the State Concerns “Turkmengas”, “Turkmennebit”, the State Corporation “Turkmengeology” in partnership with the ES “Turkmen Forum” and the British GaffneyCline.

33 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.

In January-February 2023, Turkmenistan exported 119.2 thousand tons of crude oil to Azerbaijan, which is 4.4 times more compared to the same period last year, Trend reports.

Today in Dubai, the largest city of the United Arab Emirates, at the Hyatt Regency Creek Heights hotel, the registration of delegates of the International Forum on Attracting Foreign Investments in the Energy Sector of Turkmenistan, which starts on April 26, will take place.