The results of the development of the fuel and energy complex for January-August 2022 were summed up at the government meeting
17:41 12.09.2022 9656
Last Friday, September 9, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers on the digital system, during which the results of the work of all sectors of the national economy of Turkmenistan for eight months of 2022 were summed up. Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the results of the oil and gas complex for January-August.
In particular, information was provided on the technical and economic indicators achieved during the reporting period in the field of oil and gas condensate production. In particular, the State Concern «Turkmennebit» fulfilled the plan at the level of 100.7%.
The Vice-Chairman reported that the plan for providing oil and gas condensate was fulfilled by 111.3%, oil refining – by 111%, gasoline production – by 116.7%, diesel fuel – by 111.4%, polypropylene – by 125,2%, lubricating oils – by 112.2%, liquefied gas – by 113.8%.
It was also reported that during the reporting period, the implementation of the plan for the extraction of natural and associated gas amounted to 114.3%, the export of «blue fuel» - 124.3%.
Having listened to the report, the head of state focused on the importance of developing loans allocated to the fuel and energy complex structures.
Speaking about the importance of the 27th International Conference «Oil and Gas of Turkmenistan – 2022», scheduled to be held in Ashgabat on October 26-27, Serdar Berdimuhamedov instructed the Vice-Chairman to ensure a high organizational level of the upcoming forum.
Refined products were in the lead in the auctions
At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, 47 transactions were registered last week.
UAE Minister of State emphasizes the growing role of Turkmenistan in global energy security
The accelerating energy transition further highlights Turkmenistan’s critical role in maintaining global energy security as a stable and reliable supplier of hydrocarbon resources and as a country supporting the development of renewable and sustainable energy sources. This was stated by the Minister of State of the UAE, member of the board of directors of the Abu Dhabi National Oil Company (ADNOC), Abu Dhabi Development Fund Ahmed Ali Al Sayed, speaking at the International Forum on attracting foreign investment in the oil and gas industry of Turkmenistan, which opened on Wednesday in Dubai.
At the Galkynysh field, annual production may reach up to 200 billion cubic meters of gas
In the future, with the implementation of seven stages of development of the giant Galkynysh field, the annual production of natural gas will reach about 200 billion cubic meters of “blue fuel”. This was stated in the speech of the head of the laboratory of the Scientific Research Institute of Natural Gas of the State Concern “Turkmengas” Irina Luryeva at the International Forum on attracting investments in the energy sector of Turkmenistan in Dubai.
The President of Turkmenistan noted the importance of further increasing natural gas production volumes
On May 31, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which topical issues in the life of the country were discussed.
Gurbanguly Berdimuhamedov instructed to find a way to extinguish the gas crater in Darvaza
Turkmen President Gurbanguly Berdimuhamedov, at a government meeting held last Friday via video link, raised the issue of finding a solution to the long-standing problem associated with a burning gas crater in Darvaza.