«Turkmengeology» will sign a contract with «Yug-Neftegaz Private Limited» for exploration work in the west of Turkmenistan
19:00 17.09.2021 8874
State corporation «Turkmengeology» will sign a contract with «Yug-Neftegaz Private Limited» (Singapore) for exploration work to search for new oil deposits in the west of Turkmenistan. The corresponding decree authorizing this transaction was signed by President Gurbanguly Berdimuhamedov.
The draft resolution was presented to the head of state by Vice-Chairman of the Cabinet of Ministers Shakhim Abdrakhmanov at a government meeting held on Thursday.
According to the decree, the contract provides for the implementation of exploration and research works by the 3D method in the eastern section of the Goturdepe field, as well as by the 2D method in the South Burun area of the Balkan zone of western Turkmenistan.
Having signed the decree, Gurbanguly Berdimuhamedov ordered to take measures to further strengthen the resource base of the oil and gas sector, to fulfill production plans by industry enterprises.
It is also necessary to establish at the proper level services to increase the productivity of oil wells in existing fields, expand geological exploration to study areas that are promising for oil and gas, the head of state said.
Turkmenistan is interested in the reconstruction of Afghanistan, - MFA
Turkmenistan is interested in the reconstruction of Afghanistan, its integration into the world economic relations, development of infrastructure. This was stated by the Deputy Minister of Foreign Affairs of Turkmenistan Vepa Khadzhiev at the international conference "Afghanistan: security and economic development", held in Tashkent, the website of the Ministry of Foreign Affairs of Turkmenistan reports.
Turkmenistan and Pakistan diplomats discussed the implementation of joint projects in energy, transport and communications in Dushanbe
Current issues of bilateral cooperation were discussed at a meeting between the Ambassador of Turkmenistan to Tajikistan A. Gochmyradov and the Ambassador of the Islamic Republic of Pakistan to Tajikistan Mr. M.S. Sarwar, the International Information Center of Turkmenistan reported on February 18 with reference to the Turkmen diplomatic department in Dushanbe.
For the 1st half of the year, the refineries of Turkmenistan increased oil refining to more than 2.6 million tons
More than 2 million 628 thousand tons of oil were processed in Turkmenistan in the first half of the year. During the same period, 2 million 630 thousand tons of crude oil were delivered to the country's refineries, the newspaper Neutral Turkmenistan reported on Wednesday.
Turkmen natural gas supplies to Turkey via Iran to start on March 1, - Turkish Ambassador
Turkmen natural gas supplies to Turkey will start on March 1, 2025 and will be carried out via Iran as part of a barter scheme. This was stated by Turkish Ambassador to Turkmenistan Ahmet Demirok on Friday at a press conference for Turkmen and foreign media.
Bloomberg: Saudi Arabia may raise oil prices for Asia
Saudi Arabia is expected to raise the price of its flagship oil for Asia in September, although traders see potential for spot price cuts next month, PRIME quotes Bloomberg. The coming months could be a turning point for the oil market, traders say.