The Türkmennebitgeofizika Directorate exceeds its production plan by more than 130%

15:02 10.08.2026 312

https://www.oilgas.gov.tm/storage/posts/17551/original-16a79a1af21491.jpg

Specialists from the Türkmennebitgeofizika Directorate of the Türkmennebit State Concern have achieved outstanding results in hydrocarbon exploration and prospecting at fields in the western region of Turkmenistan.

During the past reporting period, the Directorate’s production units completed work worth nearly 63 million manats. Thus, the established plan was fulfilled by more than 130%, exceeding the plan by nearly 15 million manats.

The Directorate’s specialists perform key geophysical surveys during well drilling and production and carry out necessary perforating and blasting operations at productive depths.

The high quality of research is ensured by the Directorate’s modern material and technical infrastructure. Laboratories in Balkanabat and specialized vehicles are supplied with cutting-edge foreign equipment purchased with the support of our country’s leadership.

By increasing production rates, the enterprise’s team is preparing to celebrate the 35th anniversary of Turkmenistan’s independence with new labor achievements.

Other articles
163070ce276e13.jpeg
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.


1630859aadff9f.jpeg
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.


163086bb70e28b.jpeg
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.


1630c5645f20d7.jpeg
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.


1630608dd4382e.jpeg
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.