Turkmenistan implements measures to increase the level of oil production
11:18 24.07.2023 4945
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.
Foreign and domestic companies actively purchased fuel and energy products at exchange trades
34 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Fuel and energy complex products were sold at the exchange auctions to the external and domestic markets
17 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Presidents of Turkmenistan and Iran discussed prospects for developing multilateral cooperation by phone
On Monday, a telephone conversation took place between President of Turkmenistan Serdar Berdimuhamedov and President of the Islamic Republic of Iran Masoud Pezeshkian, TDH reports.
President of Turkmenistan and Prime Minister of Pakistan discussed partnership in the energy sector by phone
President of Turkmenistan Serdar Berdimuhamedov and Prime Minister of Pakistan Muhammad Shahbaz Sharif discussed issues of enhancing cooperation in the energy sector in a telephone conversation on March 31, TDH reports.
Refined products were in the lead in the auctions
At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, 47 transactions were registered last week.