The government meeting discussed the fuel and energy sector's performance for the first quarter of 2026
17:40 06.04.2026 2830
On April 3, President of Turkmenistan Serdar Berdimuhamedov held a digital meeting of the Cabinet of Ministers to review the country's performance over the first three 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–March 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 by 106.9 percent.
During the specified period, the plan for oil refining at oil refineries was fulfilled at 108.7 percent, gasoline production at 119 percent, diesel fuel at 111.8 percent, polypropylene at 100 percent, lubricants at 100.4 percent, liquefied gas at 126.7 percent, and natural and associated gas production at 107.5 percent.
Summarizing the report, the President of Turkmenistan noted the need to continue appropriate work on oil and gas production and increase export volumes.
The head of state instructed the Vice-Chairman to take ongoing measures aimed at efficiently utilizing the complex's production capacity and to continue drilling exploratory wells.
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.