The results of the work of the fuel and energy complex of Turkmenistan for ten months were summed up at a government meeting

12:12 13.11.2023 5948

https://www.oilgas.gov.tm/storage/posts/9197/original-16551d61b49888.jpg

 Last Friday, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which the results of the work of economic sectors for ten months of the current year were summed up, drafts of a number of documents were reviewed and priority tasks of the country’s socio-economic development were discussed.

 In particular, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the results of work carried out in the oil and gas industry for 10 months of 2023.  It was reported on the technical and economic indicators achieved in the field of oil and gas condensate production and polypropylene production.

 The Vice-Chairman said that the State Concern “Turkmennebit” has fulfilled the plan for oil supply at the level of 100 percent, for oil refining – by 100.5 percent, for the production of gasoline – by 105.5 percent, diesel fuel – by 104.6 percent, lubricants  oils – by 102.5 percent, liquefied gas – by 109.8 percent.

 During the reporting period, the plan for the production of natural and associated gas was fulfilled by 108.5 percent, and for the export of “blue fuel” – by 114 percent.

 After listening to the report, the head of state focused on the need for consistent modernization of the fuel and energy complex, increasing the efficiency of oil and gas field development, increasing oil and gas production volumes, addressing a number of relevant instructions to the Vice-Chairman.

Other articles
167ef788e52432.jpg
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.


163086bb70e28b.jpeg
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.


167ef7d8e98a24.jpg
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.


1630859aadff9f.jpeg
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.


163070ce276e13.jpeg
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.