The President of Turkmenistan emphasized the importance of modernizing the sectoral infrastructure of the fuel and energy complex
13:09 29.05.2023 5372
Issues of the socio-economic development of the country and drafts of some documents were considered at a regular meeting of the Cabinet of Ministers, which President of Turkmenistan Serdar Berdimuhamedov held last Friday in a digital system.
During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the measures taken to increase the production rate of oil wells and ensure their uninterrupted operation.
As reported, in order to increase oil production, planned work is being carried out to reduce the inflow of formation water, flushing sand and paraffin plugs.
Along with this, the technological modernization of the State Concern “Turkmennebit” is being consistently carried out through the installation of modern equipment.
Summing up the report, President Serdar Berdimuhamedov emphasized the importance of the steady implementation of development programs for the domestic fuel and energy complex, aimed at strengthening its industrial and export potential, as well as modernizing the sectoral infrastructure, and addressed the Vice-Chairman with specific instructions related to the continuation of work in this direction.
The President of Turkmenistan and the President of the European Commission expressed confidence in the successful holding of the Central Asia-EU Summit
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
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
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.