Government meeting summarized the fuel and energy sector's performance over the past 11 months
12:41 06.12.2025 3552
On December 5, President of Turkmenistan Serdar Berdimuhamedov held a regular digital meeting of the Cabinet of Ministers to summarize the country's work over the past 11 months, TDH reports.
During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the results of activities for January–November of this year to increase oil and gas production and expand supply routes to global markets.
As reported, the State Concern Turkmennebit fulfilled its oil production plan at 109 percent.
During the specified period, oil refineries fulfilled their oil refining plan by 108.8 percent, gasoline production by 109.1 percent, diesel fuel by 101.4 percent, and natural and associated gas production by 101.6 percent. The growth rate of liquefied gas production reached 101 percent.
Furthermore, technical and economic indicators for the production of polypropylene, lubricating oils, and natural gas exports were reported.
Summarizing the report, President Serdar Berdimuhamedov emphasized the need to take the necessary measures to achieve the objectives outlined in the Domestic Oil and Gas Industry Development Program and to continue efforts to increase oil and gas production.
Noting the importance of systematically increasing the production capacity of the complex's enterprises, the head of state addressed a number of specific instructions to the Vice-Chairman.
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.