On November 5, the President of Turkmenistan Serdar Berdimuhamedov held via the digital system a meeting of the Cabinet of Ministers, at which the results of work, carried out in the country over the first ten months of the current year, were discussed, TDH reports.
During the meeting, the Deputy Chairman of the Cabinet of Ministers Guvanch Agajanov reported on the results achieved from January till October 2026 regarding the increase in oil and gas production and the expansion of supply routes to global markets.
As reported, during the specified period, the Türkmennebit State Concern fulfilled its oil production plan at a level of 109.3 per cent, while the processing of oil at relevant refineries reached 107.1 per cent of the target.
Production plan fulfillment reached 118.9 per cent for gasoline, 115.7 per cent for diesel fuel, 105.6 per cent for kerosene, 100 per cent for lubricating oils and 112.1 per cent for liquefied gas.
The target for the extraction of natural and associated gas was met by 108.3 per cent, and the export of natural gas reached 109.1 per cent of the planned volume.
Summarizing the report, President Serdar Berdimuhamedov emphasized the need to effectively utilize the production potential of the domestic oil and gas sector, to increase oil and gas extraction and to continue the discovery of new oil and gas fields. In this regard, the Deputy Prime Minister was given relevant instructions.