Turkmenistan increased natural gas supplies to China in May
06:45 21.07.2023 9300
In May this year, Turkmenistan exported 2.73 billion cubic meters of natural gas to China, which is 5% more compared to the same period in 2022. This is reported by Interfax with reference to the customs of China.
In total, China imported 13.51 billion cubic meters of “blue” fuel in May, which is a historical maximum for this month. Experts call the growth of the Chinese economy after the removal of COVID-19 restrictions a key factor in the high growth dynamics of the global energy market.
In May this year, at the Central Asia-China Summit, President of Turkmenistan Serdar Berdimuhamedov continued on the implementation of new projects to increase the supply of Turkmen blue fuel to China.
In turn, Chinese President Xi Jinping supported the acceleration of the construction of the 4th line of the Turkmenistan-China gas pipeline, which will increase the total capacity of this pipeline to 65 billion cubic meters of gas per year.
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.