Underground gas storage facilities to be built in Turkmenistan
15:28 16.01.2023 11920
Vice-Chairman of the Cabinet of Ministers of Turkmenistan Shakhym Abdrakhmanov reported to the head of state on the construction of underground storage facilities in Turkmenistan to ensure commercial gas reserves during a government meeting last Friday.
The Vice-Chairman, in particular, said that in order to organize the project being implemented in Turkmenistan for the first time, it is planned to attract international consulting companies to carry out work in accordance with international practice, prepare a feasibility study, design, equip and build.
After listening to the information, President Serdar Berdimuhamedov emphasized the importance of the rational and efficient use of gas resources and the need to take measures to further enhance cooperation with reliable foreign partners.
Currently, Turkmenistan exports natural gas to China, Russia, and also carries out swap gas supplies to Azerbaijan through Iran. In addition, Ashgabat is implementing a project to build the Turkmenistan-Afghanistan-Pakistan-India gas pipeline.
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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 Commission Ursula von der Leyen on April 3.
The price of Brent rose above $100 per barrel again
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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.
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.
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.