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 3792
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.
The next batch of powerful equipment entered the Nebitgazabatlaýyş trust
Last Saturday the trust “Nebitgazabatlayysh” of the state concern “Turkmennebit” in the center of the Balkan region received 9 units of powerful specialized lifting machines purchased in the People’s Republic of China.
Last week, the products of Turkmengas, Turkmennebit, and Turkmenchemistry were sold on the auction
41 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Afghanistan starts oil production in the Amu Darya basin
Afghan oil workers have started oil production at a field located in the Amu Darya river basin, Afghan media reported.
Issues of implementing the Roadmap for the development of international cooperation in the field of hydrogen energy were discussed
The implementation of the Roadmap for the development of international cooperation in the field of hydrogen energy in Turkmenistan for 2022-2023 was discussed at the second meeting of the Interdepartmental Working Group on the development of hydrogen energy in Turkmenistan, held on Tuesday.
Liquefied gas and diesel fuel were in the lead at the auction on Friday
Liquefied gas ($353 per ton) and diesel fuel L-0.5-62 ($585 per ton) were in demand during trading at the State Commodity and Raw Materials Exchange of Turkmenistan on Friday, July 7.