On Wednesday, 5 April, a meeting of the Turkmen-American Business Council was held in Ashgabat. The delegation of US businessmen includes Nikolay Yurchenko, Chairman of the Management Board of Westport Trading Europe Limited. In an interview with the newspaper “Neutral Turkmenistan”, he spoke about promising projects that can be implemented in Turkmenistan in the field […]
Gas field in Mary province produced a new inflow of gas, the quality of which meets international standards
The drilling department of the State Concern “Türkmengaz” has received an industrial inflow of natural gas at one of the production and evaluation wells of the Sherepli gas field in Mary province. According to the profile newspaper of Turkmenistan’s oil and gas complex “Nebit Gas,” the well has been drilled to a depth of 2,333 […]
Turkmenistan’s second largest oil refinery increasing production
In January-August 2022, the Seydi Oil Refinery processed a total over 287,000 tons of oil, the newspaper “Nebit-Gaz” reports. At the same time, the processing plan was fulfilled by 108.8%. The total production exceeded 255,500 tons, overfulfilling the targets by 104%. This volume includes 132,100 tons of gasoline, 74,300 tons of diesel fuel, 23,400 tons […]
The 27th “Oil and Gas of Turkmenistan” International Conference & Expo (OGT 2022) will be held on 26-28 October in Ashgabat
The 27th International Conference and Expo “Oil and Gas of Turkmenistan” (OGT-2022) will be held on October 26-28, 2022 in Ashgabat. The Conference is organized by the State Concerns “Turkmengas”, “Turkmennebit” and the Chamber of Commerce and Industry of Turkmenistan in partnership with Turkmen Forum and UK-based GaffneyCline. The purpose of the Conference and Expo […]
Development of a large gas field in the east of Turkmenistan underway
The Malay field is one of the largest gas deposits of Turkmenistan, which is located in the eastern region of the country. It was put into exploitation in 1986, and since then, efficient natural gas production has been going on there. The initial geological reserves of the field were estimated at 358.7 billion cu m […]
Galkynysh gas field showed output growth in H1 2022
The giant Galkynysh gas field produced 17.56 billion cubic meters in the first half of 2022, a 5.8% increase year-on-year, the Neutral Turkmenistan newspaper reports. The reserves of the Galkynysh field, which is located in the Mary province, are estimated at 27.4 trillion cubic meters of hydrocarbons. There are gas preparation and desulfurization plants, complete […]
Turkmen gas is a strategic asset for Iran in its ambitious energy agenda
Iran and Turkmenistan have a lot of room for expanding partnership in the hydrocarbon sector. Additionally, the importing Turkmen gas could aid Iran in achieving its strategic ambition of turning into a regional energy hub, a recent study by the Research Center at the Iranian Parliament found. In light of Turkmenistan’s strive to expand its […]
Turkmenistan prepares to host its flagship oil and gas event
The Oil & Gas of Turkmenistan international conference and expo will take place on 26 – 28 October 2022 at the Chamber of Commerce and Industry of Turkmenistan, the organizer Turkmen Forum reports. This year’s OGT conference will include presentations by the senior management of the oil & gas sector of Turkmenistan on the following […]
Balkan province is a driver of the fuel and energy complex development in Turkmenistan
The Balkan province is a center of strategic hydrocarbon wealth of Turkmenistan. Almost all 40 oil fields of the country are concentrated in the western region, and it is this region that provides the bulk of Turkmen exports of commercial oil and gas condensate. The task of industrial development of the Caspian lowland, which is […]
27th “Oil & Gas of Turkmenistan 2022” International Conference announces opening of registration for delegates
On October 26-28, 2022, Ashgabat will host the 27th “Oil & Gas of Turkmenistan -2022” International Conference. The Conference is organized by the State Concerns “Turkmengaz”, “Turkmennebit” and State Corporation “Turkmengeology” in partnership with Turkmen Forum and UK-based GaffneyCline. It is a prestigious business forum, which is held annually to develop and strengthen international […]
SC «Turkmennebit» and «Dragon Oil (Turkmenistan) Ltd.» extended the Production Sharing Agreement until 2035
Today, June 30, in the Central building of the oil and gas complex of Turkmenistan, a contract was signed between the State Concern «Turkmennebit» and the company «Dragon Oil (Turkmenistan) Ltd.» on the extension of the Production Sharing Agreement until May 1, 2035. Earlier with «Dragon Oil (Turkmenistan) Ltd.» on May 1, 2000, a Production […]
BP: Turkmenistan increased oil, gas and electricity production
In 2021, gas production in Turkmenistan amounted to 79.3 billion cubic meters, up 20.4% year–on-year (in 2020 – 66 billion cu m), says the latest BP report “Statistical Review of World Energy 2022 – 71st edition”. According to the data, Turkmenistan accounted for 2% of global natural gas production in 2021. Country’s oil production in […]
Ashgabat Conference on Environmental Aspects of Hydrocarbon Production generated ideas for partnership with Turkmenistan in line with the global eco-agenda
Elvira Kadyrova On Thursday, 23 June 2022, an international scientific conference on environmental aspects in the production of hydrocarbon resources was held in Ashgabat in hybrid format. The Forum was organized by the State Concerns “Türkmengaz” and “Türkmennebit” in partnership with the company “Turkmen Forum” and the British company GaffneyCline. The event brought together more […]
International Scientific Conference: “Environmental aspects in the production of hydrocarbon resources”
On 23 June 2022, Ashgabat will host an international conference dedicated to the environmental aspects of hydrocarbon resources production. The event is co-organized by the “Turkmen Forum” and the national oil and gas companies of Turkmenistan. Turkmenistan pays special attention to environmental issues and in particular the reduction of methane and associated gas emissions in […]
New gas facility commissioned in Turkmenistan under the energy partnership with China
A new gas collection station has been commissioned in the Lebap province on Saturday (18 Jun) in a ceremony led by President Serdar Berdimuhamedov. US$ 280 million dollars-worth project of Gadyn gas-collecting station, located in Farab district, was realized jointly with the Chinese company CNPC. The facility is designed to collect 5.5 mln cu m […]
Turkmenistan allocates funds for hydrocarbon exploration, development activities
President Berdimuhamedov had a meeting on Wednesday, 26 January 2022, with the leadership of the oil and gas sector. DPM Serdar Berdimuhamedov who, in addition to his main portfolio of finance and economy, also supervises the financial side of the oil and gas sector, was also present at the meeting. The Chairman of the State […]
Yug-Neftegaz company produced 3 million tons of oil in Turkmenistan
Elvira Kadyrova Yug-Neftegaz Private Limited has produced 3,000,000 tons of additional oil in Turkmenistan over the past ten years. Since 2011, the company, registered in Singapore, has performed 1,839 major well repairs. The outcomes of 2020 show that Yug-Neftegaz Private Limited repaired 201 wells in Turkmenistan, resulted in extraction of more than 342,000 tons of […]
GB visits GTL plant in Ahal province
President Berdimuhamedov flew by helicopter on Thursday, 20 May 2021, to the Ovadan-Depe area of Ahal province to visit the GTL (gas to liquid) plant that uses the natural gas as raw material to produce Euro 5-compliant gasoline and several other products. The president spoke to the specialists working at the plant and got thoroughly […]