OGT 2024: Turkmenistan successfully reduces methane emissions
10:08 24.10.2024 5103
Turkmenistan has made significant progress in the field of environmental protection, reducing total emissions by 10% compared to 2020. This was stated by the State Minister of Turkmenistan - Chairman of the State Concern "Turkmengas" Maksat Babayev, speaking at the International Conference "Oil and Gas of Turkmenistan - 2024".
As part of this initiative, a strategy for the gradual reduction of methane emissions was adopted, which underlines the country's commitment to environmental standards and sustainable development.
This strategy includes a number of measures aimed at reducing methane emissions in various sectors of the economy, including energy and agriculture. It is expected that the implementation of these measures will not only improve air quality, but also increase energy efficiency.
Turkmenistan seeks active cooperation with international partners in this area, which will allow the exchange of experience and technologies for more effective emission management.
The measures taken are in line with global goals to combat climate change and confirm the country’s intention to contribute to improving the environmental situation in the region.
IEA: $600 billion needed to cut global oil and gas emissions
Analysts at the International Energy Agency (IEA) estimate that halving the emission intensity of the world’s oil and gas production will require an investment of $600 billion.
EBRD predicts high growth rates of Turkmenistan’s GDP in 2023-2024
The European Bank for Reconstruction and Development (EBRD), in its May Regional Economic Prospects review, published its assessment of Turkmenistan’s GDP growth in 2023-2024.
Energy cooperation will be discussed at the Central Asia – China summit – experts
Theme of the energy cooperation will be among the priority on the agenda of the upcoming Central Asia – China summit, which will be held on May 18-19 in the ancient Chinese city Xi’an, according to well-known analytical centers and political scientists.
The President of Turkmenistan proposed to implement new projects for gas supplies to China
President of Turkmenistan Serdar Berdimuhamedov, speaking at the first Central Asia-China Summit in the ancient Chinese city of Xian, proposed to continue work on the implementation of new projects related to the supply of Turkmen natural gas to China, TDH reports.
The President instructed to develop drafts of the State Budget and other programs for 2024 in a timely manner
President of Turkmenistan Serdar Berdimuhamedov signed a Resolution providing for measures aimed at the timely preparation of draft State budgets, the main directions of socio-economic development and the country’s investment program for 2024.