Oil demand in 2021 may recover by 5.5 million bp, while reserves may decline
10:36 12.03.2021 7034
Oil demand in 2021 may recover by 5.5 million b / d, Russian Deputy Prime Minister Alexander Novak said, INTERFAX reports.
According to him, the oil market is currently in a more stable situation, including thanks to the OPEC+deal. Demand is gradually recovering. Last year, it fell in the world as a whole by 20-22 million b/s. During this time, it recovered by about 15-17 million b/s. And this year, we expect the overall recovery in demand to be somewhere around 5.5 million b/d. The final recovery of pre-crisis demand is expected in 2022, " Novak said.
"There is a shortage in the market at the current time, which allows us to reduce the accumulated stock balances. And we expect that this year oil reserves will fall to the average 5-year value," he added.
Topical aspects of Turkmen-Chinese cooperation discussed
Topical aspects of the Turkmen-Chinese partnership were discussed on December 26 at the Ministry of Foreign Affairs of Turkmenistan at a meeting between Deputy Minister of Foreign Affairs of the country Serdar Muhammetdurdyev and Deputy Head of the International Department of the Central Committee of the Communist Party of China Chen Zhou. This was reported by the Foreign Ministry of Turkmenistan.
For five months, the production plan at TCOR was fulfilled by 110.4%
The staff of the Turkmenbashi complex of oil refineries completed the five months of 2022 with good production and economic results. The volume of crude oil refining at the TCOR for this period amounted to more than 1 million 878 thousand tons, while the plan was fulfilled by 110.4%.
President Serdar Berdimuhamedov approved new proposals on cooperation between Turkmenistan and Japan
President of Turkmenistan Serdar Berdimuhamedov approved proposals on strengthening cooperation between our country and Japan, which were voiced at a recent joint meeting of the Turkmen-Japanese and Japanese-Turkmen Committees on Economic Cooperation.
The WTO representative discussed the possibilities of intensifying cooperation at the Ministry of Foreign Affairs of Turkmenistan
Opportunities for enhancing comprehensive cooperation with the WTO were discussed on Monday at a meeting between Vice-Chairman of the Cabinet of Ministers and Minister of Foreign Affairs of Turkmenistan Rashid Meredov and Deputy Director General of the World Trade Organization (WTO) Zhang Xianchen, who arrived in Ashgabat on a working visit. This is reported by the website of the Foreign Ministry of Turkmenistan.
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.