Turkmenistan implements measures to increase the level of oil production
11:18 24.07.2023 6457
Last Friday, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which issues of the country’s socio-economic development and drafts of some documents were considered.
During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the state of affairs in the area under his supervision, in particular, at the enterprises of the State Concern “Turkmennebit”.
It was reported on the ongoing measures to increase the level of oil production and efficient development of oil wells through further modernization of the industry infrastructure and the introduction of advanced energy-saving technologies into practice.
Summing up the report, President Serdar Berdimuhamedov focused on the priorities of the energy policy of Turkmenistan. Noting the importance of rational use of the richest natural resources, production and scientific and technical potential of the oil and gas sector for sustainable growth and expansion of export opportunities of the national economy in order to improve the well-being of the people, the head of state gave relevant instructions to the Vice-Chairman.
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.