SOCAR Trading won the tender for the purchase of Turkmen oil Eni
14:56 24.12.2020 5761
Turkmenistan became SOCAR Trading (a trading subsidiary of SOCAR, SOCAR). Argus Media, an independent pricing agency, reported.
SOCAR Trading managed to bypass the largest players in the oil market - ENOC, Vitol, Rosneft, LUKOIL and Trafigura in the tender.
As a result, the Azerbaijani company returned to its portfolio part of the hydrocarbons purchased since 2017 by Vitol in Turkmenistan. Thanks to these changes, experts expect that supplies of Turkmen oil through the Baku-Tbilisi-Jeyhan oil pipeline will increase by reducing transit through Makhachkala and Novorossiysk.
Reportedly, during 2021, Eni Turkmenistan will ship about 30-40 thousand tons per month of Okarem oil. Meanwhile, the export of this raw material from Turkmenistan increased to 341 thousand tons from 310 thousand tons a year earlier. The entire volume is transported by tankers in the direction of Makhachkala for further pumping to Novorossiysk.
Participants of the International Scientific Conference discussed the environmental aspects of the development of hydrocarbon fields
On June 15, the capital of Turkmenistan hosted the International Scientific Conference “Energy Prospects, New Technologies for the Development of Hydrocarbon Deposits”. The conference was organized by the State Concerns "Turkmengas" and "Turkmennebit", the State Corporation "Turkmengeology" in partnership with the ES "Turkmen Forum" and the British company Gaffney Cline.
The President of Turkmenistan launched the construction of the second stage of the city of Arkadag
On Friday, President of Turkmenistan Serdar Berdimuhamedov took part in the groundbreaking ceremony for the second phase of the construction of the city of Arkadag, TDH reports today.
«Nebitgaznebit»: restored wells gave inflow of «black gold»
The repair crews of the Nebitgaznebit oil and gas production department of the State Concern «Turkmennebit» are successfully carrying out repair and restoration work on wells that have reduced productivity and put them into operation.
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Sanatorium «Shatlyk» - popular resting place for gas workers
During summer vacations, the Shatlyk sanatorium of the Marygazchykarysh department of the State Concern «Turkmengas» is very popular among gas industry workers of our country. Resting place is located on the picturesque bank of the Karakum River.