The results of the fuel and energy complex for five months of 2024 were discussed at a government meeting
11:29 10.06.2024 4596
On June 7, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which the results of the work of sectors of the national economy for five months of the current year were reviewed.
During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the results of work to increase oil and gas production volumes, as well as to expand energy supply routes to the world market for January–May 2024.
It was reported on the technical and economic indicators achieved in the field of oil and gas condensate production, in particular, it was reported that the State Concern «Turkmennebit» had fulfilled the plan at the level of 102.6 percent.
Information was also provided on the implementation of the plan for oil processing at oil refineries, which amounted to 102.9 percent.
During the period under review, the plan for the production of gasoline was fulfilled by 100.7%, diesel fuel by 100%, polypropylene by 100%, and lubricating oils by 120.9%.
Along with this, technical and economic indicators achieved in the production of liquefied gas, production of natural and associated gas, and supplies of “blue fuel” abroad were reported.
After listening to the report, the President of Turkmenistan focused on the importance of 100% implementation of the planned plans for the production of natural gas and oil in the country, as well as ensuring the operation of industrial enterprises in the industry at full capacity.
In this regard, noting the need to constantly improve the activities of the fuel and energy complex, the head of state Serdar Berdimuhamedov addressed the Vice-Chairman with relevant instructions.
Oil price breaks seven-year records on supply worries
Oil prices continue to rise on Wednesday, renewing the highs since 2014 due to the risks of supply disruptions from the Middle East, Interfax reports.
TEIF 2025 WILL OPENS NEW HORIZONS FOR ENERGY, INVESTMENT AND TECHNOLOGY COOPERATION
Kuala Lumpur, April 2025. Turkmenistan is entering a new level of economic diplomacy. The TEIF 2025 international forum, which will be held on 23–24 April at the state-of-the-art Kuala Lumpur Convention Centre (KLCC), promises to be the key event of the year in the field of energy, sustainable development and international cooperation.
Extraordinary meeting of the Halk Maslahaty of Milli Gengesh will be held on February 11
Extraordinary meeting of the Halk Maslahaty of the Milli Gengesh of Turkmenistan is scheduled to be held on February 11. This is provided for by the decree of President Gurbanguly Berdimuhamedov, who heads the People's Council – the upper house of the parliament of our country.
Ashgabat to host exhibition and conference on international trade and product quality
The Chamber of Commerce and Industry of Turkmenistan will host the exhibition and fair "International Trade and Services" and the International Conference "Ensuring Quality in Turkmenistan that Meets International Standards" from April 29 to May 1.
Demand for oil in 2022 will grow by 3.3 million barrels per day, the market will be in short supply – IEA
Demand for oil in 2021 increased by 5.5 million barrels per day, and in 2022 it will increase by 3.3 million bpd, Interfax and Bloomberg report citing a report by the International Energy Agency (IEA).