Government meeting summarized the fuel and energy sector's performance for January-February 2026
13:34 07.03.2026 3564
On March 6, President of Turkmenistan Serdar Berdimuhamedov held a regular digital meeting of the Cabinet of Ministers to summarize the country's work for the first two months of this year, TDH reports.
During the meeting, Vice-Chairman of the Cabinet of Ministers Guvanch Agajanov reported on the work completed in January-February of this year, with the aim of increasing oil and gas production and expanding supply routes to global markets.
As noted, the State Concern Turkmennebit fulfilled its oil production plan by 107.3 percent.
During the period under review, the plan for oil refining at oil refineries was fulfilled at 107.1 percent, gasoline production at 122.7 percent, diesel fuel at 106.4 percent, lubricants at 102.7 percent, liquefied gas at 119.7 percent, and natural and associated gas production at 106.7 percent.
Summarizing the report, President Serdar Berdimuhamedov noted the importance of taking comprehensive measures to increase hydrocarbon production. The head of state instructed the Vice-Chairman to effectively utilize existing production capacities in the oil and gas sector and explore new mineral reserves.
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
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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»
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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.