The President approves measures to modernize the material and technical base of the Türkmengaz State Corporation
10:44 20.07.2026 788
On July 18, the President of Turkmenistan Serdar Berdimuhamedov held via the digital system a regular sitting of the Cabinet of Ministers, at which a number of issues of the state life were discussed, TDH reports.
During the sitting, the Deputy Chairman of the Cabinet of Ministers Guvanch Agajanov reported on the progress of the modernization of the material and technical base of enterprises and institutions under the jurisdiction of the Türkmengaz State Concern.
As it was reported, the productive work, carried out in that direction, helped ensure reliable supplies of Turkmen natural gas to domestic consumers and its export.
Particular importance is attached to increasing cooperation with leading foreign partners, in particular with one of the companies of the Federal Republic of Germany. This is a vivid result of the favorable conditions created by the President of Turkmenistan and the Hero-Arkadag for the development of the Turkmen-German business cooperation.
In this regard, the Deputy Prime Minister presented a draft document for consideration by the head of state.
After listening to the report, President Serdar Berdimuhamedov noted the Türkmengaz State Concern should continue to work on increasing natural gas production. In order to successfully implement the tasks facing the oil and gas sector, the head of state issued a Resolution and addressed a number of instructions to the Deputy Prime Minister.
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.