New gas resources discovered in Lebap region of Turkmenistan
14:57 06.01.2022 14715
In the territories adjacent to the Malay and Nayip gas fields in the Lebap region of Turkmenistan, a new dome was discovered in the lower layers of the Northern Dervush and Malay fields. Chairman of the State Corporation «Turkmengeology» Merdan Rozyev reported this to President Gurbanguly Berdimuhamedov at a working meeting in Turkmenabat, the State Television and Radio Broadcasting of Turkmenistan reported.
As noted, the initial appraisal work showed that the gas reserves in the lower layers amount to 30 billion and 21.7 billion cubic meters, respectively.
According to Rozyev, Turkmengeologia plans to drill exploratory wells 4,000 meters deep in the Malay gas field and 3,200 meters deep in the Northern Dervush area.
Natural gas has been produced from the Malay field since 1986. President Gurbanguly Berdimuhamedov noted that to date, more than 247 billion cubic meters of natural gas have been produced from this field with initial reserves of 358 billion 700 million cubic meters.
The important tasks of today are the continuation of work on gas production here, the expansion of the area, as well as the exploration and discovery of gas deposits in the lower layers of the developed layers.
In this regard, Gurbanguly Berdimuhamedov noted the need to accelerate work on the full-scale development of not only the Malay field, but also other gas fields, adding that the necessary conditions for this will be created in the future.
The head of state stressed that the State Concern «Turkmengas» will have ample opportunities to implement the plan for the production of additional volumes of natural gas in our country in the coming years.
State visit of the President of Turkmenistan to Tajikistan begins
President of Turkmenistan Serdar Berdimuhamedov arrived on Wednesday on a two-day state visit to Tajikistan, following the talks, it is planned to sign a package of bilateral documents, TDH reports today.
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.
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).
Products of Turkmennebit and Turkmenchemistry have become the subject of foreign exchange transactions at the auction
69 transactions were concluded at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.