President instructed to increase the effectiveness of geological exploration work of the State Corporation “Turkmengeology”
10:59 10.07.2023 6733
Last Friday, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which important issues of state life were discussed and drafts of a number of documents were considered.
During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the state of affairs in the fuel and energy complex and on the measures taken to further improve the material and technical base of the supervised structures, in particular, the State Corporation “Turkmengeology”.
Summing up the report, President Serdar Berdimuhamedov noted that ensuring stable productive activity in the oil and gas sector is directly related to the modernization of its infrastructure on an innovative basis, the introduction of modern resource-saving technologies into the industry.
The head of state instructed to continue comprehensive work on the accelerated industrial development of new promising areas, as well as to increase the effectiveness of exploration work of the State Corporation “Turkmengeology”, addressing a number of specific instructions in this regard.
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.