Turkmenistan significantly increased production and export of natural gas in January-August

17:47 15.09.2021 7771

https://www.oilgas.gov.tm/storage/posts/2919/original-161419e4341e31.jpeg

 For eight months of 2021, the volume of production of natural and associated gas in Turkmenistan exceeded 55 billion cubic meters.  This is 10.4 billion cubic meters more than in the same period last year.

 The increase in natural gas production is largely due to the growing demand for environmentally friendly fuels in the world markets.  Thus, Turkmenistan exported almost 31 billion cubic meters of gas, which is 8.3 billion cubic meters more than in January-August 2020.

 China is the main importer of Turkmen gas.  The Central Asia-China gas pipeline is designed to supply 40 billion cubic meters of Turkmen gas per year, and its throughput capacity is 55 billion cubic meters.  Since the launch of this energy pipeline, more than 300 billion cubic meters of commercial gas have been exported to China from the fields of Turkmenistan.

 Along with export, the demand for «blue fuel» in the domestic market of the country is also growing.  This is due to the fact that in recent years, new powerful gas turbine power plants and large gas processing complexes have been commissioned in Turkmenistan, including a polymer plant in Kiyanly, a plant for the production of urea fertilizers in Garabogaz, and a plant for the production of synthetic gasoline in the Akhal region.

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.