President: International cooperation should be further expanded to modernize Turkmengas facilities
11:22 27.11.2023 4173
Last Friday, November 24, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers using the digital system. The agenda included priority tasks related to the socio-economic development of the country, as well as a number of other issues.
Vice-Chairman of the Cabinet of Ministers Batyr Amanov, who spoke during the government meeting, reported on the state of affairs in the fuel and energy complex and practical steps being taken to intensify international cooperation in this area.
As reported, the necessary work is being carried out to successfully implement the agreements reached during the visit of Hero-Arkadag to the Federal Republic of Germany on September 28–29 of this year.
In this regard, the State Concern “Turkmengas”, in order to increase the volume of hydrocarbon production, is taking measures to increase cooperation with long-standing and reliable foreign partners, primarily in the field of introducing modern technologies, the latest scientific and engineering developments, as well as improving gas compressor stations.
After listening to the report, President Serdar Berdimuhamedov emphasized the importance of modernizing gas compressor stations subordinate to the State Concern «Turkmengas».
International cooperation in this direction should be further expanded, the head of Turkmenistan said, addressing the Vice-Chairman with a number of specific instructions.
IEA: $600 billion needed to cut global oil and gas emissions
Analysts at the International Energy Agency (IEA) estimate that halving the emission intensity of the world’s oil and gas production will require an investment of $600 billion.
EBRD predicts high growth rates of Turkmenistan’s GDP in 2023-2024
The European Bank for Reconstruction and Development (EBRD), in its May Regional Economic Prospects review, published its assessment of Turkmenistan’s GDP growth in 2023-2024.
Energy cooperation will be discussed at the Central Asia – China summit – experts
Theme of the energy cooperation will be among the priority on the agenda of the upcoming Central Asia – China summit, which will be held on May 18-19 in the ancient Chinese city Xi’an, according to well-known analytical centers and political scientists.
The President of Turkmenistan proposed to implement new projects for gas supplies to China
President of Turkmenistan Serdar Berdimuhamedov, speaking at the first Central Asia-China Summit in the ancient Chinese city of Xian, proposed to continue work on the implementation of new projects related to the supply of Turkmen natural gas to China, TDH reports.
The President instructed to develop drafts of the State Budget and other programs for 2024 in a timely manner
President of Turkmenistan Serdar Berdimuhamedov signed a Resolution providing for measures aimed at the timely preparation of draft State budgets, the main directions of socio-economic development and the country’s investment program for 2024.