In January-August, Turkmenistan significantly increased production and export of «blue fuel»
20:44 13.09.2021 6618
Last Friday, President of Turkmenistan Gurbanguly Berdimuhamedov held a meeting of the Cabinet of Ministers via digital video communication system. There the work for January-August of this year in all sectors of the economy, including the oil and gas complex of our country was summed up.
Vice-Chairman of the Cabinet of Ministers Sh.Abdrakhmanov reported on the results of the work of the supervised industries for eight months of the year.
It was reported about the technical and economic indicators achieved in the production of oil, natural gas and gas condensate, as well as oil refining. In particular, it was noted that the plan for the production of natural and associated gas was fulfilled by 122.1 percent, the export of «blue fuel» - by 133.6 percent, for the production of gasoline – by 107.5 percent, polypropylene – by 109.7 percent. Investment development – by 102.1 percent.
After hearing the report, President Gurbanguly Berdimuhamedov addressed specific instructions to the Vice-Chairman on further streamlining the activities of the sectoral departments of the country's oil and gas complex. Speaking about the tasks in this area, the leader of the nation pointed out the need to increase the volume of oil production, to fully utilize the capacities of oil refineries, to increase the production of liquefied gas and other products.
The head of state ordered to hold a meeting with the participation of representatives of industry science and, together with scientists, discuss the above issues, analyze the presence of promising fields with large oil reserves, as well as the activities of the State Corporation «Turkmengeology» and the State Concern «Turkmennebit» to fulfill the established tasks.
Noting that state support is being provided for the modernization of oil refineries, the leader of the nation instructed to carefully study the issues related to their full load.
The need to intensify efforts to attract investment in the oil and gas complex was emphasized.
The President instructed the Vice-Chairman to analyze the state of affairs in the branches under his supervision and take all measures to stabilize their activities.
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).
Serdar Berdimuhamedov: For Turkmenistan, the Republic of Tajikistan is a significant and promising partner
On Wednesday, May 10, President of Turkmenistan Serdar Berdimuhamedov and President of Tajikistan Emomali Rahmon held talks in Dushanbe in a narrow format and in an expanded format with the participation of government delegations of the two countries, TDH reports.
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.
The President of Turkmenistan discussed promising areas of partnership with the new Ambassador of Saudi Arabia
On April 17, President Serdar Berdimuhamedov received the new Ambassador of Saudi Arabia to Turkmenistan Amer bin Ali Al-Shehri, who presented his credentials to the head of state, TDH reports.