Alekperov: “LUKOIL” is very optimistic about the prospects for cooperation with Turkmenistan
14:46 02.11.2020 6497

“LUKOIL” is very optimistic about the prospects for cooperation with our friends, partners from Turkmenistan, said Vagit Alekperov, head of the leading Russian oil company LUKOIL, at the XXV International Conference Oil and Gas of Turkmenistan 2020.
Speaking on Wednesday at the online plenary session of the forum, Vagit Alekperov noted that he sincerely admires the successes achieved by Turkmenistan in the economic sphere. This ensures an increase in the welfare of residents, the flourishing of new technologies, and an increase in the country's attractiveness for foreign investment.
According to him, the achievements related to the fuel and energy complex of Turkmenistan are especially noticeable. The country ranks among the world's largest gas producers, providing steady production growth over the past few years.
Vagit Alekperov also spoke about the cooperation of the company he heads, which has unique experience in working on the Caspian shelf and uses advanced technologies that are environmentally friendly.
It is worth noting that in 2020 Vagit Alekperov twice - in February and September - met with President of Turkmenistan Gurbanguly Berdimuhamedov. Thus, at the September meeting, the head of “LUKOIL” said that the company he heads is interested in cooperation with Turkmenistan in the field of production and processing of hydrocarbons, and petrochemicals.
Having familiarized the head of state with LUKOIL's ongoing development of oil and gas fields in the Caspian, Alekperov noted the company's readiness to expand partnerships with Turkmenistan both in the mining sector and in the production of finished products of the oil and gas chemical industries.
In turn, the President of Turkmenistan advised to work out the existing proposals jointly with the State Concerns "Turkmennebit" and "Turkmengaz" and submit them for consideration by the government.

The success of geophysicists is the result of innovation implementation
According to the results of seven months of this year, the amount of work performed on the management of «Turkmennebitgeophysics» of the State Concern «Turkmennebit» was more than 44 million manats. This result exceeds the planned figure for this period by 5.3 million manats.

Turkmenistan's GDP growth for eight months remains at the level of 6.2%
The GDP growth of Turkmenistan for eight months of 2022 remains at the level of 6.2%. This was stated by President Serdar Berdimuhamedov at a government meeting held last Friday via digital system.

The results of the development of the fuel and energy complex for January-August 2022 were summed up at the government meeting
Last Friday, September 9, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers on the digital system, during which the results of the work of all sectors of the national economy of Turkmenistan for eight months of 2022 were summed up. Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the results of the oil and gas complex for January-August.

Aviation and automobile fuel was sold to foreign buyers at the auction
Last week, 20 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.

New project for the development of gas fields has been launched on the Bagtyyarlyk contractual territory
Construction of onshore facilities for gas fields in the western block of the Bagtyyarlyk contract area has begun. It is being developed by the «Amu Darya» gas company of the China National Petroleum Corporation (CNPC) in accordance with the Production Sharing Agreement, China Petroleum News, China Power News and other PRC media report.