Feasibility study for the Conceptual Strategy for the Development of the Oil Refining Industry of Turkmenistan is being prepared
14:16 21.02.2022 14094
During the extended meeting of the government, which President of Turkmenistan Gurbanguly Berdimuhamedov held last Friday, Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the ongoing measures to improve the country's oil refining industry and the preparation of long-term profile work plans.
In particular, the Vice-Chairman said that a feasibility study of the «Conceptual Strategy for the Development of the Turkmenbashi Complex of Oil Refineries and the Seydi Oil Refinery» is being developed. In this regard, the results of the relevant international tender with the participation of foreign companies were reported.
According to the feasibility study provided for the development, it is planned to: determine the potential and specific promising vectors for the development of the TCOR and SOR; to study the possibilities and directions of modernization of existing technological facilities; select new facilities for construction based on the demand in foreign markets for oil and petrochemical products and the available resource potential; increase the competitiveness of manufactured products, increase the depth of oil refining and create an environmentally friendly and waste-free production.
As Gurbanguly Berdimuhamedov noted, the country pays great attention to the development of the fuel and energy sector through diversification, attraction of investments, expansion of cooperation with reliable foreign partners.
In this regard, the head of state stressed the need to take measures to further increase cooperation with large specialized companies that are interested in participating in sectoral projects being implemented in Turkmenistan.
Speaking about the importance of using modern technologies in the oil refining industry, expanding the range of competitive, high-quality, environmentally friendly products, the President of Turkmenistan instructed the Vice-Chairman to continue comprehensive work in this direction.
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Products of oil refineries were sold at the auction
Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The President of Turkmenistan and the Vice President of the UAE noted the active dynamics of cooperation in the energy, oil and gas and other spheres
The development of bilateral cooperation was discussed at a meeting on February 21 between the President of Turkmenistan Serdar Berdimuhamedov and the Vice President, Deputy Prime Minister, Minister of the Presidential Administration of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, who arrived in our country on a visit, TDH reports.
Dynamic development of national investments is carried out at the fields of Turkmenistan
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.