The results of the fuel and energy complex for January-October were considered at a government meeting
22:52 06.11.2020 8876
Vice-Chairman of the Cabinet of Ministers of Turkmenistan Myratgeldi Meredov reported on the results of the work carried out in January-October of this year as part of the implementation of the Oil and Gas Industry Development Program for the period up to 2030.
In particular, it was reported that in the period under review, the plan for oil and gas condensate production was fulfilled by 101%, oil refining - by 102.4%, gasoline production - by 107.5%, diesel fuel - by 106.4%, natural and associated gas - by 100.1%, export of "blue fuel" - by 100.2%, investment development - by 106.2%. The growth rate of production of liquefied gas compared to the same period last year amounted to 123.6%.
After hearing the report and addressing the Vice-Chairman, President Gurbanguly Berdimuhamedov noted the need for further modernization of the enterprises of the fuel and energy complex.
The head of the state emphasized the need to increase the export of products and natural gas produced by the fuel and energy complex, to fully use the plants' capacities.
Also, relevant orders were given to accelerate the construction of the Turkmenistan-Afghanistan-Pakistan-India international gas pipeline and facilities for processing hydrocarbons. The President also instructed to analyze in detail the state of affairs in the fuel and energy complex.
SPIEF: Turkmenistan considers energy and transport among the key areas of integration within the CIS
Cooperation in the energy and transport sectors can become strategic areas of integration within the CIS. This was stated by the Minister of Finance and Economy of Turkmenistan Muhammetgeldi Serdarov, speaking on Thursday at the St. Petersburg International Economic Forum (SPIEF), the Turkmen news agency Orient reports.
The President of Turkmenistan took part in the opening of a new gas gathering station in Lebap region
As part of a festive trip last Saturday to the Lebap region, President of Turkmenistan Serdar Berdimuhamedov took part in the solemn ceremony of commissioning a new gas gathering station.
In the future, we will make every effort for long-term cooperation with Turkmenistan in the gas sector, - head of CNPC
The commissioning of a new facility in the Bagtyyarlyk contract area, the opening of which was attended by the President of Turkmenistan, is an unforgettable event for both Chinese and Turkmen specialists. This was stated by the President of the CNPC Board of Management Hou Qijun, speaking to the participants of the celebration on the occasion of the commissioning of a new gas gathering station in the Farap etrap of the Lebap velayat.
Pakistani leaders are interested in implementing joint energy projects with Turkmenistan
The President and Prime Minister of Pakistan in their letters to the President of Turkmenistan Serdar Berdimuhamedov expressed their interest in promoting joint energy projects in South and Central Asia.
Wood Mackenzie: Brent oil price will roll back to $85-90 per barrel only by 2025
In the coming years, oil prices will remain at a high level due to the redistribution of supplies on world markets; even a possible decrease in demand will not affect its value. This forecast is given by Wood Mackenzie analysts, Interfax reports.