News Archive ()

Selective packers from IOGU will help increase oil well productivity

A significant part of the oil wells developed by the State Concern “Turkmennebit” consists of small formations, which creates certain difficulties in their development. High watering of productive formations, as well as other factors lead to a decrease in the productivity of oil wells. The development of hard-to-recover reserves and an increase in the efficiency...

Issues of interaction with the Italian company ENI were discussed

On Thursday, an online meeting was held at the Central Office of the Oil and Gas Complex of Turkmenistan with ENI (Italian Republic) Executive Director for Central Asia Luca Vignati. The negotiations were attended by the Advisor to the President of Turkmenistan on oil and gas issues Yagshigeldy Kakaev. According to the website of the foreign...

IOGU students consolidate the theory with practice

The training of highly qualified specialists who are able to successfully solve production problems associated with new scientific developments is possible only if the educational process is closely connected with research work. Teachers and students in the laboratory of the Oil and Gas Faculty of the International Oil and Gas University of Turkmenistan (IOGU) regularly...

“Blue fuel” arrives in remote villages of Dashoguz region

Gas workers of the economic organization “S.Turkmenbashietrapgaz” of the “Dashoguzgazupdzhunchilik” management are increasing the pace of uninterrupted supply of blue fuel not only to cities and urban-type settlements, but primarily to remote villages in the western part of the Dashoguz region. Now natural gas is piped to more than 21,560 households and institutions. Thanks to the...

Turkmenistan takes part in negotiations on modernizing the Energy Charter Treaty

The meeting of the group on modernization of the Energy Charter Treaty was held on Tuesday at the Ministry of Foreign Affairs of Turkmenistan in the format of an online conference, the website of our foreign ministry reports.  The multilateral negotiations were attended by delegations of the Energy Charter Secretariat, the European Union and a number...

The President instructed to speed up the implementation of the Turkmenistan-Afghanistan-Pakistan energy bridge project

The issues of modernization and increasing the export potential of the electricity industry in Turkmenistan were discussed during a workshop held on Monday by President Gurbanguly Berdimuhamedov with the participation of Vice Chairman of the Cabinet of Ministers Shamuhammet Durdylyev and Minister of Energy Charymurad Purchekov. Today, the Turkmen energy industry is demonstrating a steadily high...

Oil prices rise in anticipation of signals from OPEC+

Oil prices rise on Tuesday on reports that oil-producing countries, led by Russia and Saudi Arabia, may extend the current level of production cuts until September 1, INTERFAX said. The OPEC + ministerial meeting will be rescheduled for June 4 from June 9, The Wall Street Journal reported citing sources. The cost of August Brent crude futures...

Turkmen section of TAPI gas pipeline brought to border with Afghanistan

A report on the pace of construction of the Turkmen section of the transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India was made at a government meeting last Friday by Vice-Chairman of the Cabinet of Ministers of Turkmenistan Myratgeldi Meredov. As reported, this section is fully provided with steel pipes. The State Concern “Turkmengas” has entered into an agreement with...

Polymers and textiles – in the top exchange trading

Last week, 67 transactions were registered at the biddings of the State Commodity and Raw Materials Exchange of Turkmenistan. Entrepreneurs from the Russian Federation, Great Britain, the United Arab Emirates, and Afghanistan purchased polypropylene and aviation kerosene produced at the Turkmenbashi complex of oil refineries for foreign currency. High-density polyethylene, polypropylene, EKO-93 brand gasoline (manufactured by...

Oil prices end May with a significant increase

 On Friday, oil prices are falling amid growing tensions between the United States and China, but end May with a significant increase.  According to Interfax, Brent has risen in price this month by 39%, while WTI - by a record 76%.  The cost of July Brent crude futures on the London ICE Futures exchange at 8:05...

Ukraine is considering importing natural gas through the Southern Gas Corridor

 Ukraine is considering the possibility of importing natural gas supplied to the European market as part of the second and third phases of the Southern Gas Corridor (SGC) project.  According to Trend, economic adviser to the Ukrainian Embassy in Azerbaijan Sergey Shtelyuk said this.  He recalled that joining Ukraine to the work of the Advisory Board...

Presidents of Turkmenistan and Afghanistan discuss priority aspects of cooperation over the phone

On Wednesday, May 27, a telephone conversation took place between President of Turkmenistan Gurbanguly Berdimuhamedov and President of Afghanistan Mohammad Ashraf Ghani. The heads of the two states singled out fuel and energy and transport and communication spheres as priority areas of partnership, where large-scale projects have been implemented in recent years, including the construction of...

Prospects for cooperation in the fuel and energy sector with “Total” company discussed

Prospects for cooperation in the oil and gas industry were discussed during online talks held on Wednesday between representatives of Turkmenistan and the French company "Total". The Turkmen delegation was represented by adviser to the President of Turkmenistan on oil and gas issues Yagshigeldy Kakayev, heads of the state concerns "Turkmengas" and "Turkmennebit", the state Corporation...

Reconstruction of Zerger gas station in Lebap province has started

The builders of the cost-accounting repair and construction company of the "Turkmennebitonumleri" General Directorate carry out a range of works on the reconstruction and redevelopment of gas stations, repairs, and the construction of vertical tanks for storing fuel and lubricating oils.  Similar works are currently being carried out on the territory of the Lebap region...

Cheleken Peninsula: oil production is growing

 The bowels of the Cheleken Peninsula contain significant reserves of “black gold”.  The extraction of this valuable raw material is carried out here by specialists of the "Galkynyshnebit" oil and gas production department of the State Concern "Turkmennebit".  Successfully cope with the task management helps oil industry workers to use modern equipment and technologies in production,...

2014