The results of the development of the fuel and energy complex for January-July of this year were discussed at a government meeting

11:03 26.08.2020 10324

https://oilgas.gov.tm/storage/posts/512/original-15f3a1e0230338.jpeg

Last Friday, President Gurbanguly Berdimuhamedov held a meeting of the Cabinet of Ministers via digital video communication, at which the results of the development for seven months of the year of all sectors of the national economy, including the fuel and energy complex of Turkmenistan, were discussed.Vice-Chairman of the Cabinet of Ministers M. Meredov reported on the results of the work carried out in January-July in the areas under his supervision as part of the implementation of the Oil and Gas Industry Development Program for the period up to 2030.It was reported that the plan for the production of oil and gas condensate was fulfilled by 102.4 %, natural and associated gas - by 101.6 %, the export of "blue fuel" - by 100.4 %, and oil refining - by 103.7 %. , production of gasoline - by 102.3 %, diesel fuel - by 106.9 %. The growth rate of production of liquefied gas amounted to 118.4 %, utilized investments - 106.7 %.Focusing on the key tasks set for the oil and gas complex, the President addressed a number of specific instructions to the Vice-Chairman to take the necessary measures to successfully solve problems related to the proper organization of the activities of supervised structures, the introduction of innovative technologies, a digital system.The Turkmen leader emphasized that our country has rich raw materials. Focusing on the need to build new factories for processing raw materials, the head of state noted the importance of taking appropriate steps in this direction, as well as modernizing and re-equipping existing enterprises.At the same time, it is necessary to train highly qualified specialists to work at modern production facilities, to improve their professional level. This will provide an opportunity to create new jobs and increase the output of export-oriented products, President Gurbanguly Berdimuhamedov said.The head of state also ordered to speed up the construction of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline.

Other articles
1680a50816d032.jpg
TEIF 2025 in Kuala Lumpur demonstrates Turkmenistan’s growing attractiveness

The International Forum on Attracting Foreign Investments into the Economy of Turkmenistan TEIF 2025, held on April 23-24 in Kuala Lumpur, the capital of Malaysia, has come to an end.


161e90b30ab8d8.jpeg
Hydrogeologists conduct an effective search for groundwater in Dashoguz region

The Dashoguz hydrogeological expedition, which is one of the leading enterprises of the State Corporation «Turkmengeology», is confidently entering the new year 2022, the motto of which is «Epoch of people with Arkadag». For a number of years, the expedition's specialists have been demonstrating effective results in the study of the reclamation and ecological state of lands and in the search for drinking water resources.


161e7f3511dc1d.jpeg
Demand for oil in 2022 will grow by 3.3 million barrels per day, the market will be in short supply – IEA

Demand for oil in 2021 increased by 5.5 million barrels per day, and in 2022 it will increase by 3.3 million bpd, Interfax and Bloomberg report citing a report by the International Energy Agency (IEA).


161ea7f182c053.jpeg
Presidents of Turkmenistan and Uzbekistan discussed key issues of bilateral partnership by phone

Key issues of bilateral partnership were discussed by President of Turkmenistan Gurbanguly Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev during a telephone conversation last Thursday, the State News Agency of Turkmenistan reports.


16809ff05d2b5a.jpg
GaffneyCline CEO Talks Energy Potential of Turkmenistan’s Offshore Sector

At the Turkmenistan International Investment Forum (TEIF 2025), Stephen Travers, Regional Director of GaffneyCline TM Energy Advisory, gave a presentation on the sustainable growth and investment potential of Turkmenistan’s offshore energy sector.