Turkmenistan's Investment Horizons and the Role of Raw Materials in the Energy Transition Discussed at the OGT-2025 Forum
18:38 22.10.2025 3234
A key panel discussion on "Raw Materials as the Foundation of the Energy Transition: New Horizons for Investment" was held during the first session of the International Conference "Oil and Gas of Turkmenistan-2025" (OGT-2025).
Session participants noted the continued key role of hydrocarbons and petrochemical raw materials in the global energy transition.
As emphasized in his speech by Guvanch Agajanov, Chairman of the State Concern “Turkmennebit”, Turkmenistan, with hydrocarbon reserves exceeding 71 billion tons of oil equivalent, maintains its status as a key supplier of strategic raw materials.
Particular attention was paid to successes in international cooperation. In particular, the signing of a Memorandum of Understanding for geological exploration on Blocks 11, 12, 16, 21, and 23 in the Turkmen sector of the Caspian Sea between Turkmennebit State Concern and PETRONAS Carigali Sdn Bhd, which took place during the TEIF 2025 forum in Kuala Lumpur, was mentioned.
The discussion presented the latest geological data, promising investment projects, and Turkmenistan's strategy for reducing methane emissions, including innovations in its utilization as fuel and feedstock, as well as plans for infrastructure expansion.
The conference will continue tomorrow.
Turkmenenergo will sign a contract with a Turkish company for the construction of the first solar-wind power plant in Turkmenistan
The State Electricity Corporation «Turkmenenergo» will conclude with the company «Çalik Enerji Sanaýi we Tijaret A.Ş.» (Turkey) contract for the design and construction of a solar and wind power plant with a capacity of 10 MW. The corresponding Resolution was signed by President Serdar Berdimuhamedov.
Deposits of drinking water with an area of 130.8 square kilometers were discovered in Lebap region
Deposits of drinking water with a total area of 130.8 square kilometers were discovered as a result of work carried out by specialists of the State Corporation «Turkmengeology» in Lebap region. This was reported by Vice-Chairman of the Cabinet of Ministers Shahym Abdrakhmanov at a government meeting last Friday.
Diesel fuel and jet fuel sold to Afghanistan at the auction
38 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Presentation of Arkadag's book «Hakyda göwheri» was held at IOGU
A presentation ceremony of the new work of the National Leader of the Turkmen people, Chairman of the Halk Maslakhaty of Turkmenistan Gurbanguly Berdimuhamedov «Hakyda göwheri» was held at the International Oil and Gas University named after Yagshygeldi Kakayev.
The President of Turkmenistan and the Governor of St. Petersburg discussed cooperation issues
On December 25, the President of Turkmenistan Serdar Berdimuhamedov and the Governor of St. Petersburg Alexander Beglov discussed economic and cultural cooperation between St. Petersburg and Turkmenistan during a brief conversation.