The President of Turkmenistan emphasized the importance of modernizing the sectoral infrastructure of the fuel and energy complex
13:09 29.05.2023 4225
Issues of the socio-economic development of the country and drafts of some documents were considered at a regular meeting of the Cabinet of Ministers, which President of Turkmenistan Serdar Berdimuhamedov held last Friday in a digital system.
During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the measures taken to increase the production rate of oil wells and ensure their uninterrupted operation.
As reported, in order to increase oil production, planned work is being carried out to reduce the inflow of formation water, flushing sand and paraffin plugs.
Along with this, the technological modernization of the State Concern “Turkmennebit” is being consistently carried out through the installation of modern equipment.
Summing up the report, President Serdar Berdimuhamedov emphasized the importance of the steady implementation of development programs for the domestic fuel and energy complex, aimed at strengthening its industrial and export potential, as well as modernizing the sectoral infrastructure, and addressed the Vice-Chairman with specific instructions related to the continuation of work in this direction.
President of Turkmenistan holds meeting with Petronas management
President of Turkmenistan Serdar Berdimuhamedov visited the headquarters of Petronas, the country's largest oil and gas company, during his official visit to Malaysia on December 18-19. During the meeting, the head of Turkmenistan discussed with the company's management priority areas of bilateral cooperation, the current state and prospects of partnership between Turkmenistan and Petronas in the energy sector, TDH reports.
Turkmen-Vietnamese business forum aims to realize the potential of bilateral cooperation
On June 29, the capital of Vietnam hosted a Turkmen-Vietnamese business forum aimed at developing new solutions and approaches to realizing the potential of bilateral cooperation and building up trade and economic relations between Turkmenistan and Vietnam. This is reported by the website of the Foreign Ministry of Turkmenistan.
Oil prices fall and end the week in the red, Brent - $108.84 per barrel
Oil prices fall on Friday, ending the week with a decline amid fresh signals that the US economy is slowing down and demand for energy resources may decline, Interfax reports.
Raisi: Iran is ready to continue sending Turkmen gas in a swap to Azerbaijan
Iran is ready to continue sending Turkmen gas to Azerbaijan through its territory. Iranian President Ebrahim Raisi stated this on Wednesday at a meeting with President of Turkmenistan Serdar Berdimuhamedov, the Iranian news agency IRNA reported.
Turkmenistan and Malaysia intend to deepen cooperation in the energy sector
Following the official visit of the President of Turkmenistan Serdar Berdimuhamedov to Malaysia on December 18-19 and talks with Prime Minister Anwar Ibrahim, a Joint Statement and a package of documents were signed, TDH reports.