On December 14, Turkmenistan celebrated the Day of Oil and Gas and Geology Personnel. Having enormous natural reserves, Turkmenistan is highly regarded in the world as major energy resource producer. The natural resources are used for the interest of entire humankind. This is visually indicated by ongoing major projects, particularly Turkmenistan – Afghanistan – Pakistan – India gas pipeline, – the message of Turkmen leader on this occasion says.
Today, the diversification of the country’s oil and gas sector is focused on the processing of hydrocarbons and the export of finished petrochemical and gas chemistry products. Along with the product and volume expansion in the fuel and energy complex, the production is increasing also.
In January-November 2018, the facilities of Turkmengas State Concern increased production and shipment of industrial products by 32.7 percent as compared with the same period in 2017 (while gas exports grew by 4.1 percent). As to Turkmenbashi Oil Refineries Complex, the increase was 47.5 percent.
The value of exports of petroleum products from Turkmenistan in January-October 2018 increased by 51 percent over the same period last year.