Turkmenistan President Approves Proposal to Modernize Oil Refineries

13:32 27.01.2025 4096

https://www.oilgas.gov.tm/storage/posts/12978/original-16794a7370ba73.jpg

On January 24, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers using the digital system, at which a number of relevant issues of state life were considered.

Speaking at the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the progress of modernization of oil refineries of the State Concern "Turkmennebit".

As noted, in accordance with the instructions given by the head of Turkmenistan on the effective use of the capacities of specialized enterprises, for the purpose of oil refining, uninterrupted supply of domestic consumers with oil products and increasing the volume of their export to foreign markets, the necessary work is being carried out at the Turkmenbashi complex of oil refineries and the Seydi oil refinery.

In this regard, a corresponding proposal was submitted to the President of the country for consideration.

Having heard the report, the head of state emphasized that our country attaches great importance to the development of the petrochemical industry and the modernization of oil refineries. Having approved the proposal prepared to provide domestic consumers and foreign markets with sufficient volumes of petroleum products, President Serdar Berdimuhamedov addressed the Vice-Chairman with relevant instructions.

Other articles
167ef788e52432.jpg
The President of Turkmenistan and the President of the European Commission expressed confidence in the successful holding of the Central Asia-EU Summit

The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Commission Ursula von der Leyen on April 3.


163086bb70e28b.jpeg
The price of Brent rose above $100 per barrel again

Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.


167ef7d8e98a24.jpg
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council

The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.


1630859aadff9f.jpeg
Gas price in Europe exceeded $3,300 per 1,000 cubic meters

The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.


163070ce276e13.jpeg
It is planned to increase hydrocarbon production in Balkan region

In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.