The results of the fuel and energy sector’s work for ten months discussed at the government meeting

04:29 11.11.2024 2810

https://oilgas.gov.tm/storage/posts/12337/original-1672efd36e9418.jpg

On November 8, President Serdar Berdimuhamedov conducted via the digital system a regular meeting of the Cabinet of Ministers, at which the results of the work carried out over the ten months of the current year were summed up, and the priority tasks of the country’s socioeconomic development were discussed.

During the sitting, the Deputy Chairman of the Cabinet of Ministers Batyr Amanov reported on the results of the work carried out in the oil and gas industry over the ten months of 2024.

Reporting on the technical and economic indicators achieved in the field of hydrocarbon production, the Deputy Prime Minister said that the Türkmennebit State Concern had fulfilled the plan for oil production at the level of 102.4 percent, and for its processing at oil refineries – of 103.4 percent.

During the period under review, the plan for gasoline production was fulfilled at the level of 107.4 percent, lubricating oils – of 102.3 percent and for the export of “blue fuel” – of 101.1 percent.

Along with this, indicators for the production of diesel fuel, polypropylene, liquefied gas and natural and associated gases were reported.

The plan for the development of investments from all sources of financing was fulfilled at the level of 106.2 percent.

Summarizing the report, President Serdar Berdimuhamedov drew attention to the need to continue work on increasing production volumes and expanding routes for supplies of oil and gas to the world market. As the head of state emphasized, it was necessary to achieve efficiency in the activities of the oil refineries of the Türkmennebit State Concern.

Noting the importance of completely fulfilling the planned indicators for the manufacture of petroleum products and extraction of hydrocarbons, the President of the country addressed a number of specific instructions to the Deputy Prime Minister. 

Other articles
167c15b7852c78.jpg
Industrial and trade policy issues discussed in the context of Turkmenistan's accession to the WTO

National industrial and trade policy issues in connection with the prospect of Turkmenistan's accession to the World Trade Organization (WTO) were discussed during a seminar held at the OSCE Centre in Ashgabat on February 26-27.


161c52c5b3a30e.jpeg
Turkmenistan exported natural gas worth $ 6.1 billion to China in January-November

Turkmenistan continues to hold a leading position in pipeline export of «blue» fuel to China. According to the General Customs Administration of the PRC, during January-November 2021, the Celestial Empire received 21.91 million tons of Turkmen natural gas through the Turkmenistan-China pipeline, which is $ 6.1 billion in monetary terms.


161c5d0693368a.jpeg
The volume of purchases of Turkmen gas by Gazprom will double in 2021, - Russian Ambassador to Turkmenistan

In 2021, the volume of gas purchased by Gazprom from Turkmenistan is likely to double and amount to about 10 billion cubic meters. This was stated on Friday by the Russian Ambassador to Turkmenistan Alexander Blokhin at a press conference at the embassy dedicated to the annual results of the Turkmen-Russian cooperation.


167c157dbdafcb.jpg
Representatives of Turkmenistan and the World Bank discussed prospects for expanding cooperation

Prospects for expanding mutually beneficial cooperation were discussed on February 27 at a meeting at the Ministry of Finance and Economy of Turkmenistan with World Bank Vice President Antonella Bassani. The meeting was also attended by World Bank regional directors and representatives of the International Finance Corporation, the ministry reported.


161c96b7e8e581.jpeg
«Nebitgazchykarysh»: 503 wells repaired in 11 months

The repairmen of the «Nebitgazchykarysh» enterprise of the State Concern «Turkmennebit» of the Balkan region have achieved great results since the beginning of 2021. The enterprise overhauled and commissioned 503 wells in January-November.