It is planned to increase hydrocarbon production in Balkan region

09:18 26.08.2022 11369

https://www.oilgas.gov.tm/storage/posts/5365/original-163070ce276e13.jpeg

 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.

 Simultaneously with the increase in natural gas production in the Balkan velayat, it is planned to increase the production of gas condensate to 10.5 million tons.

 Also, by 2025, the region plans to increase the production of motor gasoline by 29%, diesel fuel by 20.4%, and lubricating oils by three times.

 These large-scale plans have been put before the fuel and energy complexes of the country in the long-term programs for the socio-economic development of our country, H. Gurbangeldiyev writes.

 The growth of hydrocarbon production and the production of finished petroleum products should be achieved through the introduction of advanced technologies.

Other articles
167ef7d8e98a24.jpg
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council

The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH 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.


167efd8eb94966.jpg
The President of Turkmenistan took part in the first Central Asia-EU Summit and the Samarkand International Climate Forum

The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan, took part in the first Central Asia-European Union Summit and the Samarkand International Climate Forum on April 4, TDH reports.


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.


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.