Turkmennebit enterprises exceeded their hydrocarbon production plan for the first half of the year
18:11 24.07.2026 1051
The State Concern's Turkmennebit production volume for the first six months of 2026 approached 2 million 53 thousand tons.
The Nebitgazchykarysh trust's production units produced 155,800 tons of oil above the established plan during the reporting period, achieving 108.5 percent of the target.
The Hazarnebit state enterprise, which operates in the concern's coastal territory, produced 1,227 tons of oil above the plan.
During the reporting period, the concern's oil and gas production units produced and delivered 2 billion 454 million 626 thousand cubic meters of natural gas to consumers.
The Korpeje Gas Production Department, as well as the Keymir, Goturdepenebit, and Gumdagnebit oil and gas production departments, performed exemplary work in obtaining abundant associated gas flows.
In the extraction of "black gold" from resource-rich fields, the Keymir oil and gas production department achieved the most remarkable success. This enterprise increased the volume of crude oil produced from operating wells to 236,613 tons during the past reporting period, achieving 122 percent of its target.
The concern's Goturdepenebit and Yashyldepe oil and gas production departments also contributed significantly to the success achieved over the past six months. These leading enterprises fulfilled their plans for the reporting period by over 111 and 115 percent, respectively.
Compared to the same period last year, the growth rate achieved in crude oil production across the entire concern has approached 101 percent.
The consistent strengthening of the material and technical base of the concern's production structures with new equipment and facilities is also having a decisive impact on the successes achieved today.
These days, oil workers at the State Concern Turkmennebit are working effectively to approach the glorious 35th anniversary of sacred Independence with worthy labor gifts, which will be solemnly celebrated in the year of "Independent Neutral Turkmenistan – the Homeland of Purposeful Winged Steeds".
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.