Since the beginning of the year, the transit of Turkmen oil through Russia increased by 23.9%
14:35 26.08.2020 3581
For seven months of 2020, the volume of transit of Turkmen oil through the territory of the Russian Federation amounted to 1 million 305 thousand tons. This is evidenced by the data of the Central Dispatching Department of the Fuel and Energy Complex of Russia. The source notes that during this period, Turkmen oil transit through Russia increased by 23.9%.
Spot gas price in Europe exceeds $2,300 per thousand cubic meters
The spot price of gas in Europe has exceeded $2,300 per thousand cubic meters. The cost of the nearest (September) futures on TTF on the ICE Futures exchange reached $2,311 per thousand cubic meters on Thursday afternoon, while trading started at $2,200, Interfax notes.
SC «Turkmennebit» intends to reduce the loss of associated gas
The state concern «Turkmennebit» is working on a massive reduction in the loss of associated petroleum gas, collecting it at the oil wells of the Lebap, Mary and Balkan regions of Turkmenistan.
World oil supplies hit post-pandemic high in July, – IEA
Global oil supplies in July reached a post-pandemic high amid an increase in production by OPEC+ countries, as well as a significant recovery of the industry after maintenance in a number of regions, Interfax writes, citing a monthly report from the International Energy Agency (IEA).
Brent oil fell to $99.11 a barrel
Oil prices are falling during the trading session on Friday after a steady increase in the previous trading session, Interfax reports.
Results of the work of the fuel and energy complex of Turkmenistan for January-July were discussed at an off-site meeting of the government
Last Friday, August 12, President Serdar Berdimuhamedov, who is on vacation on the Caspian coast, held an off-site meeting of the Cabinet of Ministers, at which the results of the country's economic development for seven 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 this period.