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 […]