Turkmenistan produced about 39 billion cubic meters of gas and over 4 million tons of oil in January-June
06:34 14.07.2025 3557
In Turkmenistan, natural gas production in the first half of this year amounted to 38 billion 991.4 million cubic meters, oil - 4 million 091.5 thousand tons.
This data was announced at an expanded government meeting on July 11, where the results of the country's socio-economic development for the first half of 2025 were discussed, the IIC of Turkmenistan reports (https://turkmenistaninfo.gov.tm/news/13112).
"Special achievements were noted in key industries. Natural gas production amounted to 38 billion 991.4 million cubic meters, and oil - 4 million 091.5 thousand tons. Diesel fuel production increased by 5.1 percent, gasoline - by 2.8 percent, fuel oil - by 13.6 percent. In the oil and gas sector, the State Concern “Turkmennebit” exceeded the oil production plan by 110 percent, and oil refineries by 109 percent,” the report says.
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.
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.
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 dismissed the Deputy Chairman of the State Concern «Turkmennebit»
By the Decree of the President of Turkmenistan, Mammedov Toygeldi Bayrammyradovich was dismissed from the post of Deputy Chairman of the State Concern «Turkmennebit» as he failed to cope with the duties assigned to him.
Transactions for the export of LNG and jet fuel were entered at exchange trading
On Monday, August 22, 12 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $5.4 million, the ORIENT news agency reported.