Major projects are planned for Turkmenistan's oil and gas sector in 2026
14:43 11.03.2026 188
The "Social and Economic Development Program" and "Investment Program of Turkmenistan for 2026," approved at an expanded meeting of the Cabinet of Ministers of Turkmenistan on February 13, outline priority tasks for the implementation of major projects, including in the country's oil and gas sector.
According to the documents, in 2026, Turkmenistan's oil and gas industry will place particular emphasis on the construction of the Serhetabat-Herat pipeline section, known as "Arkadagyň ak ýoly," which is part of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project.
Drilling of production wells at the Galkynysh gas field will also continue. Furthermore, exploration and deep-well drilling are planned to identify new oil and gas fields and increase their reserves in the country.
Overall, the 2026 Program was prepared based on the successful implementation of the objectives outlined in the "Program for the Socioeconomic Development of Turkmenistan for 2022–2052" and is based on state budget indicators, production, and financial plans. Thanks to comprehensive economic development, macroeconomic indicators are expected to steadily improve, with Turkmenistan's gross domestic product growth rate expected to reach at least 6.3% in 2026.
Implementation of the objectives outlined for the current year will contribute to the country's socioeconomic development, an active investment policy, the further implementation of modern digital technologies in industry, the creation of new jobs, and improved living standards.
Seydi Oil Refinery Maintains High Rates of Oil Product Production
The Seydi Oil Refinery processed over 431.4 thousand tons of raw materials in the first eleven months of 2024, with the plan fulfilled by 109.1%.
The GDP growth rate of Turkmenistan in the first half of the year remains at the level of 6%
Despite the difficulties in the global economy, Turkmenistan maintains a high rate of GDP growth, namely at the level of 6%. This was stated by President of Turkmenistan Serdar Berdimuhamedov at an expanded government meeting last Friday, at which the results of the country's socio-economic development in January-June 2022 were summed up, the newspaper writes.
The results of the work of the fuel and energy complex of Turkmenistan for the first half of 2022 were discussed at a government meeting
The results of the work of the sectors of the national economy for the six months of 2022 were considered at an expanded meeting of the Cabinet of Ministers, which President Serdar Berdimuhamedov held last Friday.
The results of the work of the fuel and energy complex for 6 months of 2022 were summed up at the industry meeting
Yesterday, a reporting meeting was held in the Central building of the oil and gas complex of Turkmenistan, at which the results of the work of enterprises in the industry for six months of this year were discussed.
Diplomats discussed Turkmenistan's active role in developing cooperation in transport and energy in the region
Prospects for trade and economic cooperation between the countries of Central and South Asia, as well as ways to effectively use this potential, were discussed by participants in the international seminar «Regional Trade and Connectivity: Opening New Horizons and Opportunities» held in Pakistan. This was reported by the Ministry of Foreign Affairs of Turkmenistan.