The government meeting discussed the results of the oil and gas sector for two months of 2025
15:34 08.03.2025 4271
On March 7, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, where the results of the work carried out in the economic sectors for two months of the current year were summed up, and a number of other issues related to the life of the country were discussed, TDH reports.
During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the results of activities in the oil and gas sector for January-February of this year.
Technical and economic indicators for oil and gas condensate production were reported. In particular, the oil production plan by the State Concern "Turkmennebit" was fulfilled at 105.8 percent.
During the specified period, the plan for oil refining was fulfilled by 102.4 percent, for gasoline production - by 102.2 percent, polypropylene - by 102.8 percent, lubricating oils - by 110.6 percent. The growth rate for liquefied gas production was ensured at the level of 125.3 percent.
It was also noted that during the reporting period, the plan for the production of natural and associated gas was fulfilled by 104.2 percent.
After hearing the report, President Serdar Berdimuhamedov instructed the Vice-Chairman to take comprehensive measures to increase the volume of hydrocarbon production, as well as effectively use the existing production capacities of the oil and gas sector, and continue the introduction of modern technologies in the industry.
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.
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.
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.
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.
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.