An online seminar with specialists of the institute and representatives of the Society of Petroleum Engineers (SPE) was held in the building of the Scientific Research Institute under the State Concern Turkmengaz (SC Turkmengaz), where the prospects for mutually beneficial cooperation were discussed.

Since the beginning of 2021, the motto of which is «Turkmenistan – Homeland of Peace and Trust», the production of petrochemical products, which are in high demand both in the domestic and foreign markets, has been systematically increasing at the Turkmenbashi complex of oil refineries.

The team of the Koytendag Party of the Turkmen Geological Exploration Expedition of the State Corporation «Turkmengeology» marks the year «Turkmenistan – Homeland of Peace and Trust» with high production results. Currently, the main activity of the enterprise is focused on finding groundwater, clarifying its reserves, as well as operating wells in order to provide sufficient water to the settlements of Lebap region.

Enterprises of the leading sectors of the economy of Turkmenistan are taking part in the online exhibition CIS EXPO on March 11-12 as part of the CIS-30 years economic forum. This forum brought together business representatives from the participating countries, which helps to promote products within the Commonwealth and establish new business ties.

President Gurbanguly Berdimuhamedov on Thursday held a working meeting with the participation of the Vice-Chairmen of the Cabinet of Ministers, members of the State Security Council, as well as heads of a number of ministries and sectoral departments. The main topic of the meeting was issues related to credit financing of large projects in various sectors of the national economy, further improving the efficiency of enterprises in the country.

Oil demand in 2021 may recover by 5.5 million b / d, Russian Deputy Prime Minister Alexander Novak said, INTERFAX reports.

The importance of the Southern Gas Corridor (SGC) was stated by the Minister of Foreign Affairs and Trade of Hungary Peter Szijjarto in a conversation with the Minister of Energy of Azerbaijan Parviz Shahbazov, INTERFAX-AZERBAIJAN reports.

The results of the work of the branches of the economy of Turkmenistan for two months of 2021 indicate that the country continues to develop dynamically. At the same time, it is necessary to make every effort to maintain the achieved growth rates. This was highlighted by President Gurbanguly Berdimuhamedov at the meeting of the Cabinet of Ministers held via digital video communication last Friday.

In the Mary region of Turkmenistan, active work on the gasification of rural settlements is being carried out. Since the beginning of 2021, a gas pipeline with a length of 4074 meters of high and medium pressure has been built by the gas workers of the construction and installation department for gasification of the population of the Mary region of the «Turkmengazupjunchilik» association.

Today, in the Central Building of the oil and gas complex of Turkmenistan, a report meeting was held via video link under the chairmanship of Vice Chairman of the Cabinet of Ministers Shahym Abdrakhmanov, at which the results of the work of the industry enterprises for January-February 2021 were discussed, as well as important aspects of the implementation of the tasks set by the President of the country to the oil and gas complex at an expanded meeting of the Cabinet of Ministers held on March 5 this year.

At the government meeting, which President Gurbanguly Berdimuhamedov held last Friday on the digital video communication system, the results of the work for January-February 2021 of all sectors of the national economy, including the oil and gas complex, were summed up.

President of Turkmenistan Gurbanguly Berdimuhamedov invited his Turkish counterpart Recep Erdogan to take part in the Summit of the ECO member States, which is scheduled to be held in Ashgabat on November 28, 2021. This invitation was announced by the head of Turkmenistan last Saturday at a meeting with Turkish Foreign Minister Mevlut Cavusoglu, who paid a working visit to our country on March 5-6.

At the auction of the State Commodity Exchange of Turkmenistan last week, 18 transactions were registered.

President of Turkmenistan Gurbanguly Berdimuhamedov took part in the 14th Summit of the Economic Cooperation Organization (ECO), which was held on March 4, 2021 via videoconference. During the summit, the ECO chairmanship passed from Turkey to Turkmenistan.

The oil and gas industry is the leading sector of the national economy, that plays a significant role in the programs of the country's socio-economic development on an innovative basis, approved by President Gurbanguly Berdimuhamedov, and expanding its export opportunities.