Government meeting discusses measures to increase oil production and refining
09:11 15.11.2022 4668
Issues related to increasing the volume of oil production and refining in our country were discussed during a government meeting, which President Serdar Berdimuhamedov held digitally last Friday.
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the state of affairs in the fuel and energy sector of the country, as well as on the oil refining work performed by the Turkmenbashi complex of oil refineries of the State Concern "Turkmennebit".
It was also reported on the practical steps being taken to further modernize the industry infrastructure, increase the flow rate of oil wells and obtain additional volumes of oil through the introduction of modern technologies and international experience, as well as drilling new wells.
Summing up the report, President Serdar Berdimuhamedov stressed that the progressive development of the oil and gas industry, which is one of the basic sectors of the economy, its transformation into an advanced industry, is one of the priority areas of state policy. At the same time, priority attention should be paid to further strengthening the production potential of the fuel and energy complex, the widespread introduction of advanced developments, and the production of oil products that are in demand on world markets.
In this context, emphasis was placed on the need to build up mutually beneficial partnerships with leading foreign companies that have innovative technologies that can improve the efficiency of oil and gas field development. In this regard, the head of state instructed the vice-premier to continue the relevant work.
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.
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.
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.
The Presidents of Turkmenistan, Tajikistan and Uzbekistan will discuss the prospects for cooperation at the summit in Ashgabat
Today, August 4, a summit of the heads of state of Turkmenistan, Tajikistan and Uzbekistan will be held in Ashgabat. In the morning, President of Uzbekistan Shavkat Mirziyoyev and President of Tajikistan Emomali Rahmon arrived in the Turkmen capital, according to TDH.
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.