The President of Turkmenistan emphasized the importance of modernizing the sectoral infrastructure of the fuel and energy complex
18:09 29.05.2023 2020
Issues of the socio-economic development of the country and drafts of some documents were considered at a regular meeting of the Cabinet of Ministers, which President of Turkmenistan Serdar Berdimuhamedov held last Friday in a digital system.
During the meeting, Vice-Chairman of the Cabinet of Ministers Batyr Amanov reported on the measures taken to increase the production rate of oil wells and ensure their uninterrupted operation.
As reported, in order to increase oil production, planned work is being carried out to reduce the inflow of formation water, flushing sand and paraffin plugs.
Along with this, the technological modernization of the State Concern “Turkmennebit” is being consistently carried out through the installation of modern equipment.
Summing up the report, President Serdar Berdimuhamedov emphasized the importance of the steady implementation of development programs for the domestic fuel and energy complex, aimed at strengthening its industrial and export potential, as well as modernizing the sectoral infrastructure, and addressed the Vice-Chairman with specific instructions related to the continuation of work in this direction.
New Agarguyi gas field commissioned
The list of gas storage rooms operated by the «Lebapgazchykarysh» management of the State Concern «Turkmengas» has been replenished with the new Agarguyi field. Recently, two wells were drilled here, from which valuable hydrocarbon products were obtained.
Kerosene and polypropylene became the subject of transactions at the auction
Last holiday week, 16 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
Fitch has raised its forecast for oil prices for the coming years
The international rating agency Fitch Ratings has raised its forecasts for oil prices for the near future, follows from the December report of the Global Economic Outlook (GEO), Interfax reports.
The material and technical base of gas workers continues to be replenished with modern special equipment
On the eve of the 32nd anniversary of the independence of Turkmenistan, the 2nd base of the Logistics and Technical Supply Department of the State Concern “Turkmengas” located in Mary received a batch of new equipment purchased from the People’s Republic of China. Lifting drilling rigs for repairing gas wells were accepted by gas workers as a worthy gift from the head of state – the President on the occasion of the country’s major holiday.
The energy sector of Turkmenistan attracted the interest of numerous participants at the ADIPEC – 2023 exhibition in Abu Dhabi
During the ADIPEC – 2023 exhibition in Abu Dhabi, the energy sector of Turkmenistan attracted the interest of hundreds of international companies from countries such as Norway, Switzerland, UAE, Qatar, Azerbaijan, India, Pakistan, USA, Canada and others. Among the large international companies that have shown interest in the Turkmen energy sector are Sinopec, Rime, CGG, EGS, Xiat, ICA-Finance, S&P Global and many others.