Oxford Institute for Energy Studies highly appreciates the prospects of the fuel and energy complex of Turkmenistan

09:58 20.11.2020 7733

https://www.oilgas.gov.tm/storage/posts/1120/original-15fb50ebfec7c4.jpeg

The development of the gas industry, gas markets, gas export flows and other uses of gas in the country are the main aspects of the Turkmen oil and gas sector that the Oxford Institute for Energy Studies (OIES) is most interested in, OIES spokesman Julian Bowden said, according to Trend.

He also noted that the development of the gas industry in Turkmenistan and the export of Turkmen gas are of great interest, and OIES is trying to keep abreast of what is happening.

"OIES will continue to try to keep track of the latest developments in the oil and gas industry in Turkmenistan", - Bowden said.

He also said that Turkmenistan possesses huge gas reserves and has achieved a lot in this industry. Thus, one of the indicators is pipeline gas exports to China, the development of petrochemical complexes and a world-scale gas-to-gasoline processing plant in Ovadandepe.

Other articles
164c89d8058f2d.jpg
The Ambassador of Turkmenistan to Belgium confirmed Ashgabat’s readiness to strengthen partnership with the EU in the field of energy

Ashgabat’s readiness to strengthen cooperation with the European Commission in the energy sector was announced by Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Belgium Sapar Palvanov at a meeting with President of the European Commission Ursula von der Leyen. This is reported by the website of the Foreign Ministry of Turkmenistan.


164ca036baab9d.jpg
Trade turnover between Turkmenistan and China in the first half of the year increased by 12.3%

In the first six months of 2023, the trade turnover between Turkmenistan and China increased by 12.3% compared to the same period last year, amounting to about $5.55 billion, according to the General Administration of Customs of China.


164c89dd5a9a5b.png
At the auction, products of the State Corporation “Turkmennebit” and “Turkmenchemistry” were sold for foreign currency

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


164cb476550904.jpg
Turkmenistan and Russia are not competitors in the field of gas supplies to China, - Russian Ambassador

Russia and Turkmenistan are not competitors in the field of gas supplies to China. This was stated by Russian Ambassador to Ashgabat Ivan Volynkin in an interview with TASS.


164c74d1484a92.jpg
SC “Turkmengeology” is working to increase the volume of oil and gas production

Last Friday, July 28, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which some issues of state life and draft documents were considered.