The government meeting discussed the results of the oil and gas sector for two months of 2025
15:34 08.03.2025 3796
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.
Fuel and energy products sold to the UAE, Turkey and Afghanistan at exchange trades
23 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
World oil supplies hit post-pandemic high in July, – IEA
Global oil supplies in July reached a post-pandemic high amid an increase in production by OPEC+ countries, as well as a significant recovery of the industry after maintenance in a number of regions, Interfax writes, citing a monthly report from the International Energy Agency (IEA).
SC «Turkmennebit» intends to reduce the loss of associated gas
The state concern «Turkmennebit» is working on a massive reduction in the loss of associated petroleum gas, collecting it at the oil wells of the Lebap, Mary and Balkan regions of Turkmenistan.
Turkmenistan's GDP growth in January-February 2025 was 6.3%
Turkmenistan's GDP growth in January-February 2025 was 6.3%. President Serdar Berdimuhamedov said this at a government meeting on March 7, TDH reports.
International Conference in Ashgabat on March 19 to Discuss Interregional Projects in the Fuel and Energy Complex and Transport
The International Conference “International Year of Peace and Trust: the Role of Interregional Economic Cooperation in Ensuring Sustainable Development” will be held in the capital of Turkmenistan on March 19. This was announced by the Minister of Foreign Affairs of Turkmenistan Rashid Meredov during a briefing held on March 10 in the building of the Ministry of Foreign Affairs.