On Tuesday, April 25, 11 deals totaling $23.6 million and 962.5 thousand Turkmen manats were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.
Today, the global energy industry is undergoing profound changes. The transformation of the energy structure into "green" and low-carbon has become a global consensus, a useful mission and a common task for countries and global oil and gas companies. Wang Guihai, General Manager of PetroChina Middle East Corporation, addressed the delegates of the International Investment Forum in Dubai with these words.
The stable inflow of natural gas from the Galkynysh supergiant field is planned to increase to 200 billion cubic meters per year. Achieving such an indicator is possible with the implementation of all 7 stages of operation.
The current uncertainty in the energy market, as well as the accelerating energy transition, further emphasize the crucial role of Turkmenistan in maintaining global energy security as a stable and reliable supplier of hydrocarbon resources and as a country supporting the development of renewable and sustainable energy sources. This was stated by the UAE Minister of State, member of the Board of Directors of the Abu Dhabi National Oil Company (ADNOC), Abu Dhabi Development Fund Ahmed Ali Al Sayed. In his opinion, such importance of Turkmenistan will only continue to grow.
The purchase of new modernized and maneuverable equipment allowed to minimize the downtime of oil and gas wells and extended their service life. As a result, since the beginning of the year, 117 wells have been put back into operation across the country, the Neutral Turkmenistan newspaper reports.
The Scientific Research Institute of Natural Gas of Turkmenistan is working on the creation of at least two gas processing plants for the production of polymer and multifunctional chemical products in the eastern and western regions of the country.
The Central Asian countries and Turkmenistan, located in the heart of the Great Silk Road and being the owners of the world's largest oil and gas reserves, are playing an increasingly important role in shaping the global energy architecture. This gives countries a special role in ensuring global energy security and increases the interest of the world community in the region, determining the high investment attractiveness, said Serdarmammed Garajayev, Ambassador Extraordinary and Plenipotentiary of Turkmenistan to the United Arab Emirates, speaking at the plenary session of the International Investment Forum in Dubai on Wednesday.
Deputy Head of the Kazakh government Serik Zhumangarin announced Kazakhstan's plans to increase trade cooperation with Afghanistan. This became known during a meeting of the Kazakh government on Tuesday, reports Amu.tv.
Within the framework of the International Forum on Attracting Investments in the Energy Sector of Turkmenistan, which opens tomorrow in Dubai, the Turkmen delegation, headed by Deputy Prime Minister Ashyrguly Begliyev and the heads of the concerns Turkmengaz, Turkmenneft, and the Ministry of Energy, visited the world's largest Solar Park - a large-scale network of solar power plants localized in a single software space and not only.
On Monday, April 24, 9 deals totaling $20.4 million were made at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, ORIENT correspondent reports.
Plums which are formed on the surface of the oldest Turkmen oil field Goturdepe as a result of oil production began to be used for the production of iodine, the Neutral Turkmenistan newspaper reports.
Turkmenistan exported 119.2 thousand tons of crude oil to Azerbaijan in January — February 2023, which is 4.4 times more compared to the same indicator last year, Trend reports.
On Saturday, April 22, at the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, a businessman from the UAE purchased a large batch of heavy vacuum gas oil, ORIENT correspondent reports.
The Ministry of Finance and Economy of Turkmenistan will hold an investment tender for the sale of state-owned objects. The announcement was published by the official Turkmen press.
The trade potential between the countries of the Central Asian region and South Asia is used only by 33%, untapped opportunities account for 67%.
