The government meeting reviewed the results of the fuel and energy complex for eight months

16:51 11.09.2023 4401

https://www.oilgas.gov.tm/storage/posts/8579/original-164febbfae5b59.jpg

 Last Friday, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system.  The agenda included the results of the work done over the eight months of this year, current tasks of the country’s socio-economic development and drafts of a number of documents.

 Vice-Chairman of the Cabinet of Ministers B. Amanov reported on the results of the work of oil and gas industry enterprises over the past eight months.  In this context, technical and economic indicators for the production of oil, gas condensate and natural gas were reported.

 During the indicated period, the plan for the production of natural and associated gas was fulfilled at the level of 109.3 percent, for the export of “blue fuel” – at 114.4 percent.

 The State Concern ”Türkmennebit” fulfilled the plan for oil supply amounted to 100.4 percent, for oil refining – 100.8 percent, for the production of gasoline – 103.3 percent, diesel fuel – 104.1 percent, lubricating oils – 111.8 percent,  liquefied gas – 111.7 percent.  Polypropylene production figures were also reported.

 The indicator for the development of investments from all sources of financing for the period under review amounted to 111.5 percent.

 Summing up the report, President Serdar Berdimuhamedov instructed to take the necessary measures to maintain the stability of the financial and economic state of the oil and gas complex, improve its production activities, further strengthen the material and technical base and ensure the operation of industry facilities at full capacity and without interruptions.

 Noting the importance of efficient exploration and drilling in oil and gas fields, the head of state also focused on the issue of diversifying the export potential of the fuel and energy complex, addressing the Vice-Chairman in this regard with relevant instructions.

Other articles
16489938d99985.jpg
TS-1 aviation kerosene and oil bitumen were in demand at exchange trading

At the auction on Monday, June 12, 24 transactions were concluded for a total of $1 million and 150 million Turkmen manats, ORIENT reports.


1617aa2f3573e8.jpeg
Teleconference between the participants of «OGT-2021» and «Expo Dubai 2020» was held

Today, on the second day of the XXVI International Conference «Oil and Gas of Turkmenistan -2021», a teleconference was held with the participants of the International Exhibition «Expo Dubai 2020». Its participants discussed one of the most pressing topics of our time – the transition to a low-carbon future through the use of natural gas and alternative energy sources.


1665eba15d07a6.jpg
International scientific conference TESC 2024 draws attention to environmental and sustainable development issues

Tomorrow, June 5, the International Scientific Conference will begin in the capital of Turkmenistan: “Energy prospects, new technologies and environmental aspects of the development of hydrocarbon fields,” which is designed to attract public attention to solving environmental issues and sustainable development. Timed to coincide with World Environment Day, the meeting highlights the relevance of the topics that will be discussed by its many participants.


16489bb6f8ae6b.jpg
Global demand for oil will grow until 2028, – IEA

The International Energy Agency (IEA) predicts in a June report that global oil demand will reach 105.7 million bpd in 2028, up 5.9 million bpd from 2022 levels.


1617b9f72af17b.jpeg
Forum «Oil and Gas of Turkmenistan – 2021» confirmed the huge potential of mutually beneficial partnership

The second day of the XXVI International Conference «Oil and Gas of Turkmenistan – 2021» was devoted to a discussion of innovations in the field of financing investment projects in the Turkmen sector of the Caspian Sea, as well as the role of natural gas in the transition to a low-carbon future.