Underground gas storage facilities to be built in Turkmenistan
20:28 16.01.2023 7440
Vice-Chairman of the Cabinet of Ministers of Turkmenistan Shakhym Abdrakhmanov reported to the head of state on the construction of underground storage facilities in Turkmenistan to ensure commercial gas reserves during a government meeting last Friday.
The Vice-Chairman, in particular, said that in order to organize the project being implemented in Turkmenistan for the first time, it is planned to attract international consulting companies to carry out work in accordance with international practice, prepare a feasibility study, design, equip and build.
After listening to the information, President Serdar Berdimuhamedov emphasized the importance of the rational and efficient use of gas resources and the need to take measures to further enhance cooperation with reliable foreign partners.
Currently, Turkmenistan exports natural gas to China, Russia, and also carries out swap gas supplies to Azerbaijan through Iran. In addition, Ashgabat is implementing a project to build the Turkmenistan-Afghanistan-Pakistan-India gas pipeline.
Oil production is growing at the Goturdepe field
Over 10 months of this year, the oldest oil field in Turkmenistan, Goturdepe, produced more than 895 thousand tons of black gold, which is 6.5 thousand tons more than in the same period last year. The Turkmenistan newspaper reports this.
Liquefied gas and diesel fuel were in the lead at the auction on Friday
Liquefied gas ($353 per ton) and diesel fuel L-0.5-62 ($585 per ton) were in demand during trading at the State Commodity and Raw Materials Exchange of Turkmenistan on Friday, July 7.
At the auction: TCOR products are sold for export and for the domestic market
42 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
President instructed to increase the effectiveness of geological exploration work of the State Corporation “Turkmengeology”
Last Friday, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which important issues of state life were discussed and drafts of a number of documents were considered.
New stage in the development of the oil and gas industry
On February 8, President of Turkmenistan Gurbanguly Berdimuhamedov held a working meeting on the digital system, which was attended by some Vice-Chairmen of the Cabinet of Ministers and hyakims of the regions. Issues related to the further economic development of independent Turkmenistan and the improvement of the living standards of the people were considered.