President of Turkmenistan instructed to continue work on attracting foreign investment in the fuel and energy complex
15:04 01.04.2022 5750
Last Thursday, President Serdar Berdimuhamedov held a meeting of the Cabinet of Ministers via the digital system, at which topical issues of the life of the state and drafts of a number of documents aimed at further developing the basic sectors of the national economy were considered.
During the meeting, Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the results of the International Forum on Attracting Foreign Investments in the Oil and Gas Industry of Turkmenistan.
As emphasized, among the main factors of the growing attractiveness of Turkmenistan for foreign investors is the stable economic and political situation in the country, as well as the relevant legislative framework.
The forum participants were acquainted with the achievements of the domestic oil and gas industry, further plans for its development. Separate speeches were devoted to such topics as the development of the Turkmen sector of the Caspian Sea, the diversification of Turkmen natural gas supplies and the creation of a reliable and stable system for bringing energy carriers and gas chemical products to international markets, the construction project of the transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India.
Summing up the report, President Serdar Berdimuhamedov noted that for the development of one of the leading sectors of the national economy – the fuel and energy complex – large-scale projects are being implemented in our country, the necessary conditions are being created for further increasing the production capacity of the industry.
In this context, the head of state stated with satisfaction that in the development of natural resources, Turkmenistan demonstrates their rational use, concern for environmental protection, and the implementation of important international initiatives to ensure energy security in the regional and global dimensions.
Noting that in recent years Turkmenistan has significantly strengthened its position in the world energy market as the largest supplier of energy carriers, the President instructed to continue work on actively attracting foreign investment in the domestic fuel and energy complex.
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.