The results of the fuel and energy sector for January 2025 were discussed at the government meeting
13:57 17.02.2025 3354
On February 14, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, where the results of the work done in the economic sectors in January 2025 were summed up, and a number of other issues of state life were considered, TDH reports.
During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the results of the country's oil and gas complex enterprises for January of this year.
During the report, the technical and economic indicators achieved in the field of oil and gas condensate production were reported. In particular, the oil production plan by the State Concern "Turkmennebit" was fulfilled by 104.3%.
During the reporting period, the plan for oil refining was fulfilled by 100.7%, gasoline production - 100.2%, diesel fuel - 100.7%, polypropylene - 103.8%, lubricating oils - 113.8%. The growth rate for liquefied gas production was ensured at a level of 124.2%.
After hearing the report, President Serdar Berdimuhamedov emphasized the importance of consistently improving the activities of the country's oil and gas complex, increasing the volume of natural gas and oil production, and taking comprehensive measures to maintain production facilities in proper operating condition.
Having also emphasized the need to further improve the efficiency of geological exploration and drilling operations, the head of state addressed the Vice-Chairman with relevant instructions.
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).
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.
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.
Turkmenistan announced its readiness to consider proposals from the Korean company
On June 27, President Serdar Berdimuhamedov received the head of Daewoo Engineering & Construction Co., Ltd. Bek Jung-Wan, reports TDH.
The first ministerial forum on sustainable development of the ECO will be held in Arkadag in April
The first ministerial forum on sustainable development of the Economic Cooperation Organization (ECO) will be held in April in the city of Arkadag, the first "smart" city of Turkmenistan.