Dragon Oil will switch to zero gas flaring in Turkmenistan by 2027
15:13 02.11.2023 9428
The Dragon Oil company plans to switch to zero gas flaring in Turkmenistan by 2027. This was announced by Dragon Oil CEO Ali Rashid Al-Jarwan, emphasizing that this will make hydrocarbon production environmentally friendly.
“Currently, we use 70 percent of the gas we produce, but in three years we hope to reach 100 percent, which will make our hydrocarbon production environmentally friendly for Turkmenistan,” said Ali Rashid Al Jarwan, speaking at the International Oil and Gas Conference Turkmenistan 2023", which was held in Ashgabat on October 25-27.
Emirati company Dragon Oil recently completed a 3D scan of the field in collaboration with its partner Türkmennebit. This scanning process allows for more precise definition of sediment contours and precise placement of drilling points, the company's CEO noted.
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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).
The next issue of the journal “Oil, gas and mineral resources of Turkmenistan” was published
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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.
Ashirguly Begliev appointed Advisor to the President of Turkmenistan on oil and gas issues
Ashirguly Begliev has been appointed Advisor to the President of Turkmenistan on oil and gas issues.