The President signed the Resolution "On the Establishment of the State Enterprise Galkynyşgaz of the State Concern Turkmengas"
09:58 21.04.2026 2396
On April 18, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via digital means, where a number of issues related to state affairs were discussed, TDH reports.
During the meeting, Vice-Chairman of the Cabinet of Ministers Guvanch Agajanov reported on the draft Resolution "On the Establishment of the State Enterprise Galkynyshgaz of the State Concern Turkmengas."
As noted, the State Concern signed a contract with CNPC Amudarya Petroleum Company Ltd. of the People's Republic of China for the design and turnkey construction of a facility for the treatment of 10 billion cubic meters of marketable gas per year, as well as production wells necessary for the treatment of the same volume of marketable gas.
It was also reported that Hero-Arkadag participated in the launch of construction work on the fourth stage of the Galkynysh gas field's industrial development. On this occasion, the Vice-Chairman, on behalf of all employees of the oil and gas industry, expressed heartfelt gratitude to the President of Turkmenistan and the National Leader of the Turkmen people.
To ensure the proper implementation of the assigned tasks, strengthen oversight of the project's implementation, coordinate work with the contractor, and ensure the full commissioning and management of the facility in the future, the Vice-Chairman submitted a draft resolution for the head of state's consideration.
After hearing the report, President Serdar Berdimuhamedov noted that the launch of construction work on the fourth stage of the Galkynysh gas field's industrial development recently took place with the participation of Hero-Arkadag, marking an event of historic significance. In order to successfully address the challenges facing the oil and gas industry, the head of state signed the Resolution “On the establishment of the state enterprise Galkynyshgaz of the State Concern Turkmengas”, instructing the Vice-Chairman to take the necessary measures in this direction.
Transactions for the export of LNG and jet fuel were entered at exchange trading
On Monday, August 22, 12 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $5.4 million, the ORIENT news agency reported.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.
Modern Information and Analytical Center for sustainable energy development has been opened in Turkmenistan
Today, March 26, the grand opening of the Information and Analytical Center was held at the Natural Gas Research Institute of the State Concern "Turkmengas". The center is equipped with the latest IT equipment purchased with the support of the European Union project "Green Development of Turkmenistan: Policy Dialogue and Climate Action for 2024-2028", funded by the European Union and the German Foreign Ministry and implemented by GIZ.
Hero-Arkadag and Recep Erdogan noted the rapid development of bilateral cooperation
On Sunday, March 30, a telephone conversation took place between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov and the President of the Republic of Turkey Recep Tayyip Erdogan, TDH reports.
