TATNEFT will increase production of additional oil in Turkmenistan by another 770 thousand tons
16:25 24.12.2020 5695
Expansion of the PJSC “TATNEFT” project in Turkmenistan, which is being implemented jointly with the State Concern “Turkmenneft”, will make it possible to additionally produce 770 thousand tons of oil. The head of Tatarstan, Rustam Minnikhanov, announced this in an interview with TASS.
“TATNEFT is now successfully implementing a service contract aimed at increasing oil production in Turkmenistan. The implementation of a set of measures at two oil fields of the “Turkmenneft” State Concern made it possible to produce more than 280 thousand tons of oil. At present, the Turkmen and Tatarstan oilmen have developed plans for the further expansion of the contract between PJSC “Tatneft” and the State Corporation “Turkmenneft” to cover additional oil fields. Expanding the scale of the project, according to our forecasts, will make it possible to additionally produce more than 770 thousand tons of oil, ”Rustam Minnikhanov said.
In early December, the State Concern "Turkmenneft" and PJSC "Tatneft" extended their cooperation to increase the flow rate of oil wells for another eight years. The supplementary agreement is extended until 2028 and will expand cooperation between the companies in the field of enhanced oil recovery. The work program includes the first, second and third oil fields of OGPD "Goturdenebit" in addition to those where “Tatneft” introduced its technologies from 2011 to 2014 and from 2018 to 2020.
The new agreement confirms the companies' intentions to continue joint work at the Goturdepe field and to use “Tatneft's” technologies in the field of oil production intensification. In August 2010, “Turkmenneft” and “Tatneft” signed a contract to carry out service work to enhance oil recovery within the framework of the development of the Goturdepe field, developed by the Turkmen company, for a period of seven years.
In February 2011, “TATNEFT” registered a branch in Turkmenistan. During the joint work, 286 thousand tons of additional oil were produced at the Goturdepe field, TATNEFT introduced modern oilfield equipment, automation and telemechanics. Now the company's specialists are creating a digital model of this field. Also, production for the repair of submersible electric pumps has been organized, projects are being implemented to organize the repair of oil tubing and increase the turnaround time of wells.
Preparation of events with the participation of the heads of Turkmenistan and China was discussed, - MFA
Foreign Minister of Turkmenistan Rashid Meredov and Chinese Ambassador Qian Naicheng discussed preparations for the China-Central Asia summit and the opening of the XXIV Winter Olympic Games in Beijing on Saturday, the website of the Foreign Ministry of Turkmenistan reports.
Presidents of Turkmenistan and Uzbekistan discussed key issues of bilateral partnership by phone
Key issues of bilateral partnership were discussed by President of Turkmenistan Gurbanguly Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev during a telephone conversation last Thursday, the State News Agency of Turkmenistan reports.
President of Turkmenistan: It is necessary to use the refinery at its full design capacity
On December 22, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, the agenda of which included consideration of a number of draft documents, as well as other issues.
Fuel and Energy Complex Workers Are Celebrating the New Year with the Spirit of New Large-Scale Achievements!
New Year is a holiday that miraculously connects the present and the future, achievements and new plans. Answering the question what the year 2023, going down in history, was for workers of the domestic fuel and energy complex, we can say with confidence that its dynamics and content reflect the focus on high achievements and the implementation of large-scale tasks set for the industry by the respected President Serdar Berdimuhamedov.
Demand for oil in 2022 will grow by 3.3 million barrels per day, the market will be in short supply – IEA
Demand for oil in 2021 increased by 5.5 million barrels per day, and in 2022 it will increase by 3.3 million bpd, Interfax and Bloomberg report citing a report by the International Energy Agency (IEA).