Global demand for oil will grow until 2028, – IEA
13:10 14.06.2023 7399
The International Energy Agency (IEA) predicts in a June report that global oil demand will reach 105.7 million bpd in 2028, up 5.9 million bpd from 2022 levels.
As the agency notes, “based on existing political settings”, the growth of world oil demand in the forecast period will slow down as the so-called energy transition progresses.
And while peak demand for oil is nearing its peak, continued increases in petrochemical feedstocks and air travel mean that overall consumption continues to rise throughout the forecast period.
The results of the work of the oil and gas complex of Turkmenistan for five months were summed up at the industry meeting
On Monday, June 12, a reporting meeting was held in the Central building of the oil and gas complex of Turkmenistan, at which the results of the work of enterprises in the industry for five months of this year, held under the motto “The Year of Happy Youth with Arkadag Serdarly”, were discussed.
Gurbanguly Berdimuhamedov held a meeting on expanding Turkmen gas export routes
The issues of expanding export routes for the supply of Turkmen natural gas were discussed at a meeting held on Tuesday by President Gurbanguly Berdimuhamedov with the participation of Vice-Chairmen of the Cabinet of Ministers for the fuel and energy complex, economy and foreign policy, the State News Agency of Turkmenistan reports.
Preparations for the implementation of energy projects discussed at talks in Islamabad
The issues of practical implementation of the projects of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline and the Turkmenistan-Afghanistan-Pakistan (TAP) power transmission lines were discussed in Islamabad by the delegation of Turkmenistan, which, on behalf of President Gurbanguly Berdimuhamedov, is on a working visit to Pakistan on January 31 – February 4, informs the website of the Foreign Ministry of Turkmenistan.
State Concern «Turkmengas» to Sign Contract with Turkish Company for Construction of Shatlyk-1 Gas Compressor Station
Turkmenistan President Serdar Berdimuhamedov signed a decree authorizing State Concern «Turkmengas» to sign a contract with Çalik Enerji Sanayi ve Ticaret A.Ş. (Turkey) for the design, construction and equipping of the Shatlyk-1 gas compressor station in the country's Mary region.
Petrochemical products were in high demand at the auction
57 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.