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Döwlet Korporasiýasy "TÜRKMENGEOLOGIÝA"

Pähim-Paýhas ummany Magtymguly Pyragy

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"TÜRKMENGEOLOGIÝA"

On February 16, an accountable meeting was held at the central building of Turkmenistan&#39;s oil and gas complex to review the results of work for January within the framework of the Year of International Peace and Trust. Opening the meeting, Deputy Prime Minister of Turkmenistan Batyr Amanov emphasized that the esteemed President Serdar Berdimuhamedov is creating all the necessary conditions for the improvement and sustainable development of the oil and gas industry by progressively modernizing its material and technical base and setting important tasks for the sector. The meeting was also attended by the President of Turkmenistan&#39;s advisor on oil and gas issues, Ashyrguly Begliyev.

During the meeting, the tasks set for the country&#39;s oil and gas sector were discussed following the meeting of the Cabinet of Ministers of Turkmenistan on February 14, during which the results of the national economy&#39;s performance for January were reviewed using digital technologies.

Reports on the results of work for the first month of the year and upcoming tasks were presented by the State Minister and Chairman of the State Concern &quot;T&uuml;rkmengaz&quot; Makhat Babaev, Chairman of the State Concern &quot;T&uuml;rkmennebit&quot; Guvanch Agajanov, Chairman of the State Corporation &quot;T&uuml;rkmengeologi&yacute;a&quot; Gurbangeldi Garliyev, as well as leaders of associations, departments, and enterprises of the oil and gas complex.

The meeting addressed issues related to oil and gas condensate production, liquefied gas, expanding international cooperation, intensifying work at the &quot;Galkynysh&quot; gas field, constructing the Turkmenistan-Afghanistan-Pakistan-India international gas pipeline, and ensuring the uninterrupted operation of production facilities under various weather conditions.

Deputy Prime Minister Batyr Amanov emphasized the importance of implementing the tasks set for the State Concerns &quot;T&uuml;rkmengaz&quot; and &quot;T&uuml;rkmennebit&quot; and the State Corporation &quot;T&uuml;rkmengeologi&yacute;a,&quot; as well as the significance of improving the qualification of employees for the effective completion of tasks.

In conclusion, Deputy Prime Minister Batyr Amanov wished success to the oil and gas complex employees in solving the tasks set by the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov, and the esteemed President of Turkmenistan, Arkadagly Hero Serdar Berdimuhamedov.

Source: &quot;Oil and Gas&quot; newspaper

An accountable meeting was held at the central building of Turkmenistan's oil and gas complex

On February 14, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system. The session reviewed the results of work carried out in the country&rsquo;s economic sectors in January of this year, along with discussions on several other issues of state affairs.

Following this, Deputy Chairman of the Cabinet of Ministers B. Amanov reported on the performance of the supervised sectors for January.

The report included information on the technical and economic indicators achieved in the extraction of oil and gas condensate. In particular, the State Concern &ldquo;T&uuml;rkmennebit&rdquo; fulfilled its oil production plan by 104.3%.

As noted, in the reporting period, the plan for oil refining was fulfilled by 100.7%, gasoline production by 100.2%, diesel fuel by 100.7%, polypropylene by 103.8%, and lubricants by 113.8%. The growth rate of liquefied gas production was ensured at 124.2%.

Summarizing the report, President Serdar Berdimuhamedov emphasized the importance of consistently improving the activities of the country&rsquo;s oil and gas sector, increasing the volume of natural gas and oil production, and taking comprehensive measures to maintain production facilities in proper operational condition.

The head of state also stressed the need to further enhance the efficiency of geological exploration and drilling operations and issued relevant instructions to the Vice Premier.

Source: State News Agency of Turkmenistan

State Concern “Türkmennebit” Achieves High Performance in Oil Production

The initiatives of the National Leader of the Turkmen people, Chairman of the Halk Maslahaty, Gurbanguly Berdimuhamedov, aimed at reforming the national fuel and energy complex, are being consistently and successfully implemented under the leadership of President Serdar Berdimuhamedov in the era of the Revival of a new epoch of a powerful state. The oil and gas industry plays a crucial role in ensuring the sustainable growth of Turkmenistan&#39;s economy and the well-being of its citizens, making the efficient utilization of its vast potential one of the key priorities of the national strategy. The targeted measures being implemented are yielding positive results.

A clear example of this is the achievement of drillers from the &quot;Nebitgazburawla&yacute;yş&quot; trust of the state concern &quot;T&uuml;rkmennebit&quot; at the Uzynada field&mdash;the commissioning of a new well No. 85, with a depth of 6,830 meters, a daily production capacity of 70 tons of oil condensate, and 75,000 cubic meters of natural gas.

At present, geological exploration work in western Turkmenistan is being carried out using powerful drilling rigs purchased with the support of Hero-Arkadag and Arkadagly Hero Serdar, aimed at discovering new oil and gas condensate fields and expanding their industrial development. These advanced technologies are enabling such significant achievements.

The success of fuel and energy complex workers at the Uzynada field testifies to the effective implementation of the recommendations and instructions given by the National Leader of the Turkmen people during his working visit to the western region on January 13, 2022. During discussions with specialists from the state concern &quot;T&uuml;rkmennebit,&quot; Hero-Arkadag reviewed the measures being taken to explore and increase oil and gas production. He also emphasized the importance of constructing not only exploratory wells but also production wells to accelerate the development of new fields.

It is gratifying that the new productive well was commissioned at the beginning of the International Year of Peace and Trust. Such achievements in the national fuel and energy complex serve as clear evidence of the successful realization of Hero-Arkadag&#39;s initiatives under the leadership of President Serdar Berdimuhamedov.

The hardworking employees of the state concern express their sincere gratitude to the National Leader of the Turkmen people, Hero-Arkadag, and Arkadagly Hero Serdar for the conditions and opportunities created, which allow them to achieve high performance indicators.

Source: State News Agency of Turkmenistan

The state concern "Türkmennebit" makes a significant contribution to the development of the fuel and energy sector

Last week, 36 transactions were registered at the Turkmenistan State Commodity and Raw Materials Exchange.

For foreign currency, business representatives from the United Arab Emirates, Afghanistan, and Ukraine purchased road bitumen produced at the technological facilities of the State Concern &quot;T&uuml;rkmennebit,&quot; as well as sodium chloride and urea from the production of the State Concern &quot;T&uuml;rkmenhimi&yacute;a.&quot;

Additionally, foreign currency was used to purchase sets of bed linen, denim products, cotton fabric, and yarn. The buyer countries were the UAE, Germany, and Kyrgyzstan. The total value of transactions amounted to over 33 million 683 thousand US dollars.

For the domestic market, Turkmen businessmen purchased polypropylene and oil waste (from the State Concern &quot;T&uuml;rkmennebit&quot;), as well as Portland cement, float glass, terry products, and licorice root extract. The total value of these transactions amounted to 175 million 405 thousand manats.

Source: <a href="https://tdh.gov.tm/tk/post/43843/tdhcmb-nyn-sowdalarynda-gelesiklerin-jemi-bahasy-abs-nyn-33-million-683-mun-dollaryndan-gowrak-boldy">State Information Agency of Turkmenistan</a>

36 transactions were registered at the exchange trading

On February 9, 2025, declared the International Year of Peace and Trust, the Central Building of Turkmenistan&rsquo;s Oil and Gas Complex hosted a reporting meeting dedicated to the results of the fuel and energy complex&rsquo;s (FEC) activities in 2024, which was held under the motto &quot;The Treasury of Wisdom &ndash; Magtymguly Pyragy.&quot;

During the event, discussions focused on the tasks set by President Serdar Berdimuhamedov at the expanded meeting of the Cabinet of Ministers on February 7, where the outcomes of Turkmenistan&rsquo;s socio-economic development in 2024 were reviewed. The meeting also examined further steps to advance efforts in this sector.

Opening the meeting, Deputy Chairman of the Cabinet of Ministers Batyr Amanov emphasized that thanks to the attention and support of President Serdar Berdimuhamedov, Turkmenistan&rsquo;s oil and gas industry is developing steadily, with continuous modernization of its material and technical base. The Vice Premier stressed the importance of effectively addressing the key objectives set for the country&rsquo;s FEC.

During the meeting, State Minister of Turkmenistan and Chairman of the State Concern &quot;Turkmengaz&quot; Maksat Babaev, Chairman of the State Concern &quot;Turkmennebit&quot; Guvanch Agajanov, Chairman of the State Corporation &quot;Turkmengeology&quot; Gurbangeldy Garlyyev, as well as heads of associations, departments, and enterprises of the oil and gas complex, presented reports on their work and discussed future tasks.

The speeches included data on oil production, gas condensate, and liquefied gas output, as well as on the development of cooperation with leading foreign companies, the introduction of digital technologies, the acceleration of work at the &quot;Galkynysh&quot; gas field, and the uninterrupted supply of natural gas to both domestic and foreign consumers. Steps towards achieving the objectives set for 2025 were also outlined.

During the meeting, Vice Premier Batyr Amanov emphasized the necessity of continuous monitoring of major ongoing projects in the sector, the integration of modern technologies, the fulfillment of production plans, and the involvement of young professionals in the workforce. He also outlined specific tasks for the State Concerns &quot;Turkmengaz&quot; and &quot;Turkmennebit&quot;, as well as the State Corporation &quot;Turkmengeology,&quot; wishing success in further advancing the oil and gas sector.

Ashyrguly Begliyev, Advisor to the President of Turkmenistan on Oil and Gas Affairs, highlighted priority areas for the future development of the FEC, including the exploration of new deposits, the implementation of innovative technologies in large-scale projects, the attraction of foreign investment, and the improvement of specialists&rsquo; qualifications.

Turkmenistan’s Fuel and Energy Complex Reviews 2024 Performance

On January 7, President Serdar Berdimuhamedov held an extended meeting of the Cabinet of Ministers, during which the results of economic sector activities for 2024 were summarized, reports from deputy prime ministers, heads of ministries, and provincial governors were heard. The agenda also included priority tasks for the socio-economic development of the country in 2025 and personnel matters.

During the meeting Deputy Chairman of the Cabinet of Ministers B. Amanov reported on the work carried out in 2024 in the supervised sector.

During the reporting period, the oil production plan of the State Concern &quot;T&uuml;rkmennebit&quot; was fulfilled at 102.1 percent. The oil refineries of the State Concern achieved an oil refining plan execution of 101.9 percent, gasoline production&mdash;103.3 percent, petroleum bitumen&mdash;224.4 percent, and lubricating oils&mdash;100 percent.

Information was also provided on the production of diesel fuel, polypropylene, liquefied gas, and the extraction of natural and associated gas.

Reporting on the ongoing efforts to ensure the uninterrupted supply of petroleum products to government agencies, enterprises, and organizations, as well as their rational distribution and use, the deputy prime minister presented a draft resolution for the President&rsquo;s consideration.

After hearing the report, President Serdar Berdimuhamedov emphasized that, as a result of the state&rsquo;s ongoing energy policy, the oil and gas sector is steadily developing. In this regard, he underscored the importance of carrying out necessary measures in 2025 to modernize the industry and ensure reliable supplies of natural gas to both domestic and international consumers. He also highlighted the need for further implementation of advanced technologies to expand the production capacities of the oil and gas sector.

The Head of State instructed to accelerate the industrial development of the &quot;Galkynyş&quot; gas field and expedite the construction of the Turkmenistan&ndash;Afghanistan&ndash;Pakistan&ndash;India (TAPI) gas pipeline, particularly its key Serhetabat&ndash;Herat section, known as &quot;Arkadagyň ak &yacute;oly.&quot; He also emphasized the importance of developing promising oil fields.

Additionally, President Berdimuhamedov directed the deputy prime minister to focus on increasing the production capacities of the Turkmenbashi Complex of Oil Refineries and the Seydi Oil Refinery, to intensify exploration and geological surveys for hydrocarbon deposits, solid mineral resources, rare minerals, and underground water reserves. The Head of State also instructed to continue the successful implementation of digital technologies and systematically enhance the qualifications of specialists in the oil and gas industry.

Source: State Information Agency of Turkmenistan

Significant Achievements in the Oil and Gas Sector Last Year

Turkmenistan has announced the competition &quot;NEBIT-GAZ &mdash; BA&Yacute;LYGYM, HAZYNA-GENJIM, WASPYŇ ETSIN DILLER, SAŇA BU&Yacute;SANJYM!&quot;, dedicated to achievements in the oil and gas industry. The competition is organized by the State Concern &quot;Turkmengaz&quot;, the Trade Union Council of Oil and Gas Industry Workers of Turkmenistan, and the editorial board of the &quot;Neft-Gaz&quot; newspaper.

The competition is held in honor of the Day of Oil and Gas Industry and Geology Workers. Employees of the country&#39;s oil and gas enterprises can publish their best articles, essays, photo stories, poems, and short stories in the &quot;Neft-Gaz&quot; newspaper, showcasing the industry&#39;s achievements.

The main goal of the competition is to artistically reflect the activities of Turkmenistan&#39;s oil and gas industry, motivate employees to improve labor productivity, and promote high economic achievements in fulfilling the tasks set by President Serdar Berdimuhamedov for the oil and gas sector in the year declared as the &quot;International Year of Peace and Trust&quot;.

Participants must submit their works to the editorial office of the &quot;Neft-Gaz&quot; newspaper, providing their contact information. The submitted works will be published in the newspaper throughout the year, and at the end of the competition, the winners of the first, second, and third prizes (three in each category) will receive valuable gifts and honorary certificates.

The results of the competition will be announced on December 14, 2025, on the Day of Oil and Gas Industry and Geology Workers.

A competition dedicated to achievements in the oil and gas industry has been announced in Turkmenistan

Last week, 11 transactions were registered at the trading sessions of the State Commodity and Raw Materials Exchange of Turkmenistan.

Representatives of business circles from the United Arab Emirates purchased petroleum road bitumen, produced at the technological facilities of the State Concern T&uuml;rkmennebit, for foreign currency.

Additionally, entrepreneurs from the UAE and Turkey acquired denim fabric and cotton fiber for foreign currency. The total value of these transactions exceeded $2.405 million.

For the domestic market, local businessmen purchased polypropylene and petroleum road bitumen (produced by the State Concern T&uuml;rkmennebit), as well as thick licorice root extract, for a total amount of 67.45 million Turkmen manats.

Source: State News Agency of Turkmenistan

Over $2.405 Million in Deals Recorded at the State Commodity and Raw Materials Exchange of Turkmenistan

Specialists from the construction and installation department of the T&uuml;rkmen&shy;gaz&uuml;pj&uuml;n&ccedil;ilik association are actively engaged in the gasification of rural areas in Dashoguz Velayat. In 2024, they constructed 60 kilometers of new gas pipelines of various pressure levels.

Among the projects implemented last year was the construction of a medium-pressure gas pipeline over two kilometers long, laid in the village of Ak Altyn in the Boldumsaz etrap.

The new gas pipelines, built as part of the National Transformation Program, are intended for the gasification of rural areas. In addition to Ak Altyn, pipelines of various lengths have been laid in the Shavat, Akdepe, and Gorogly etraps.

These measures ensure the uninterrupted supply of gas to consumers, enhance the reliability of the gas infrastructure, and improve its efficiency.

Dashoguz Velayat has developed an extensive gas supply network that fully meets the local population&rsquo;s demand for natural gas. The number of such facilities increases every year, contributing to the development of infrastructure in line with modern requirements.

In the northern region of the country, timely maintenance of equipment is also carried out, ensuring the safe operation of existing gas supply networks.

Source: Nebit-Gaz Newspaper

Effective Measures for Gasification of Rural Areas Implemented in Dashoguz Velayat

On January 31, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, during which a number of priority issues of state life were reviewed.

During the meeting, Deputy Chairman of the Cabinet of Ministers B. Amanov reported on measures aimed at further improving the quality of services for providing consumers with petroleum products.

As reported, within the framework of the country&rsquo;s socio-economic development, large-scale work is being carried out to create new residential complexes, industrial zones, and various production facilities in the capital and regions.

In this regard, noting that effective steps are being taken to further increase the number of service points for petroleum product consumers, the Vice Premier submitted a relevant proposal for consideration by the President of Turkmenistan.

Summarizing the report, the head of state emphasized that modern services are being created in the country to supply fuel to domestic consumers and transit transport.

With the aim of further improving the provided services, President Serdar Berdimuhamedov, approving the submitted proposal, instructed the Vice Premier to take appropriate measures in this direction.

Source: State News Agency of Turkmenistan

The Quality of Services for Providing Consumers with Petroleum Products is Improving

In our country, the stable prosperity and well-being of the people are based on the dynamic development of the economy. In the past year, the volume of industrial production at current prices reached almost 25.7 billion manats. Of the produced goods, 6.465.6 million manats worth were manufactured at state-owned industrial enterprises. The majority of the value of these products comes from the enterprises in the oil and gas sector in our region. Compared to the previous year, there has been an increase in the production volume at large and medium-sized industrial enterprises in the chemical industry, flour and feed production, and light industry.

From January to December 2024, the volume of industrial products sent to consumers (including the remaining production at the start of the year) amounted to 6.386 million manats. Of this, 58.8% was exported abroad.

The energy sector plays an important role in accelerating socio-economic development and ensuring the well-being of the population. Thanks to the tireless efforts of our Hero Arkadag and esteemed President, powerful energy facilities have been built in our region in recent years and are now operational. As a result, last year, 4,828 million kilowatt-hours of electricity were produced, marking a 9.3% increase compared to the previous year. The employees of the state-owned &quot;Lebap&quot; and &quot;Watan&quot; power plants have significantly contributed to this success. Thanks to their joint efforts, domestic consumers are supplied with electricity without interruptions, and part of the energy is exported in accordance with intergovernmental agreements.

The Seyd oil refining plant has completed significant work in producing valuable petrochemical products through deep processing of raw materials. In the large industrial enterprise, 472,300 tons of raw materials were processed last year, producing 244,000 tons of gasoline, 117,900 tons of diesel fuel, and 21,500 tons of road bitumen.

In the completed year, high results were achieved in the production of cement (1,118.7 tons), cotton yarn (402.9 million manats), silk fabrics (112,400 square meters), and sewing and knitwear products (812.5 million manats), marking a significant achievement compared to the previous year.

Excellent results were also achieved in the processing of cotton produced by the farmers in our region. Last year, cotton gins produced 108,400 tons of cotton fiber. This fiber is used in textile factories across the country to produce high-quality yarn, part of which is exported.

Workers at the industrial enterprises of the region have made great efforts to produce food products in abundance. During the reporting period, 396.8 tons of flour products, 2,858.8 tons of sweets and confectionery, nearly 35,800 tons of dairy products, 97,423 standard cans of packaged fruits and vegetables, 17,318.8 tons of grains, and 839.4 tons of fish and fish products were produced. This indicates significant growth in the production of these goods compared to the previous year.

High production results have been achieved thanks to the significant contribution of workers from individual industrial enterprises. Last year, large and medium-sized industrial enterprises in the city produced goods worth 4,776.4 million manats, which is the highest indicator in the region. High results were also achieved at industrial enterprises in the K&ouml;ytendag and Khala&ccedil; districts. For example, last year, industrial enterprises in the K&ouml;ytendag district produced goods worth 531.2 million manats, showing a 43.6% increase compared to the previous year.

The successes and high indicators achieved in the past year serve as a strong foundation for further progress and development. In the new year, industrial workers in the region face responsible tasks. They work with enthusiasm, fulfilling the orders of the Head of State and achieving new successes. This is a clear indication that the new year will also be successful and full of achievements.

Source: T&uuml;rkmenmetbugat

Last year, the volume of industrial production at current prices amounted to nearly 25.7 billion manats

In 2024, geophysicists successfully conducted operations on 245 wells belonging to the State Concerns &quot;Turkmengas&quot;, &quot;Turkmennebit&quot;, and the State Corporation &quot;Turkmengeology&quot;, as reported by the &quot;Nebit-Gaz&quot; newspaper of Turkmenistan&#39;s oil and gas complex.

Last year, work was carried out at the Goturdepe and Barsagelmez oil fields in the Balkan region. Blasting operations at one of the production wells of the Goturdepe field increased its productivity, and positive results were also achieved at the gas wells of the &quot;Galkynysh&quot; field.

In 2024, geophysicists completed work to determine the technical condition and productivity of wells in the production departments in the Mary region.

This year, geophysicists plan to conduct operations on wells at the 10 Years of Independence, Yolguyi, Vostochny, Zapadny Shatlyk gas fields, and the Dovletabad group of fields (Mary region).

This year&#39;s plans include monitoring activities in production and gas exploration wells using modern geophysical equipment.

Source: <a href="http://orient.tm">orient.tm</a>

Geophysicists are carrying out important work to develop the fuel and energy sector

The Koytendag Geological Exploration Brigade of the Turkmen Geological Expedition of the State Corporation &quot;Turkmengeology&quot; has completed 2024 with excellent results, successfully fulfilling key tasks set by the President of Turkmenistan within the framework of the country&#39;s industrialization. The cohesive team continues to make a significant contribution to the development of the national economy, ensuring the stable operation of new industrial enterprises and construction projects.

As noted by the chief geologist of the brigade, Shanazar Anarov, the work of each team member contributes to strengthening the economic power of the state. Over the past few years, the Koytendag region has undergone significant transformation: new industries have been built, and modern residential settlements have been put into operation. The brigade has played an important role in the search for and evaluation of natural resources necessary for the operation of enterprises and is actively involved in the exploration of new raw material deposits.

In addition, the geologists continue to meet the country&#39;s demand for construction materials, working actively in areas from the village of Mekan to the city of Farap. Their research supports the uninterrupted operation of large facilities, such as the Garlyk cement plant, as well as other construction projects throughout the country.

Another important focus of the brigade&#39;s work is the search for and study of underground water resources. In 2024, specialists conducted an analysis of drinking water reserves in various regions, including the Gengeshlik Garna and Surkhy, which contributed to the improvement of water supply for local residents.

Modern technologies play a significant role in the brigade&#39;s success. Recently, the brigade received three units of high-performance drilling equipment, significantly enhancing the efficiency of its work.

The head of the brigade expressed gratitude to the esteemed President for the support of the industry and attention to improving the material and technical base. He emphasized that the team will continue to make every effort to ensure the further prosperity of Turkmenistan.

The Koytendag Geological Exploration Brigade Successfully Develops the Industry

Last week, 17 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan.

Entrepreneurs from the United Arab Emirates and Turkey purchased urea produced by the State Concern &quot;T&uuml;rkmenhimi&yacute;a&quot; in exchange for foreign currency.

In addition, denim products and cotton fiber were sold for foreign currency. The buyer countries included the United Arab Emirates and Kyrgyzstan. The total value of the transactions exceeded 18 million 21 thousand US dollars.

Domestic entrepreneurs purchased oil road bitumen, base oil, polypropylene, produced at the technological facilities of the State Concern &quot;T&uuml;rkmennebit,&quot; as well as cotton yarn and textile waste for the domestic market. The total value of these transactions amounted to more than 38 million 303 thousand manat.

Source: State News Agency of Turkmenistan

Seventeen transactions were registered at the exchange last week

In the era of the Revival of the new epoch of a powerful state, with the aim of preserving national publishing products and books as the spiritual wealth of the Turkmen people under modern conditions, fostering a love for books and reading among the population, and further improving the library sector in the country, the President of Turkmenistan has signed a Resolution. The document approves the State Program for the Development of the Library Sector of Turkmenistan for 2025&ndash;2029 and the Action Plan for its implementation.

The Resolution is in accordance with the laws of Turkmenistan &quot;On Culture&quot; and &quot;On Libraries and Library Affairs.&quot;

Relevant ministries, sectoral agencies, and the administrations of the regions, as well as the cities of Ashgabat and Arkadag, have been tasked with ensuring the implementation of the State Program.

Source: <a href="https://tdh.gov.tm/ru/post/43715/prezident-turkmenistana-podpisal-postanovlenie-20">State News Agency of Turkmenistan</a>

Esteemed President Approves State Program for the Development of Turkmenistan's Library System for 2025–2029

On January 24, President Serdar Berdimuhamedov chaired a regular meeting of the Cabinet of Ministers via a digital system, during which a number of pressing issues of state importance were discussed.

During the meeting, Deputy Chairman of the Cabinet of Ministers B. Amanov reported on the progress of modernization efforts at the oil refineries operated by the State Concern &quot;T&uuml;rkmennebit.&quot;

As reported, in accordance with the instructions given by the President of Turkmenistan on the efficient use of the capacities of specialized enterprises, necessary work is underway at the Turkmenbashi Complex of Oil Refineries and the Seydi Oil Refinery. These efforts aim to process oil, ensure uninterrupted supply of petroleum products to domestic consumers, and increase export volumes to foreign markets.

In this regard, a relevant proposal was submitted for the President&rsquo;s consideration.

After hearing the report, the head of state emphasized the importance of developing the petrochemical industry in line with modern realities and modernizing oil refineries.

Approving the proposal prepared to ensure sufficient volumes of petroleum products for domestic consumers and foreign markets, President Serdar Berdimuhamedov issued relevant instructions to the Deputy Prime Minister.

Source: <a href="https://tdh.gov.tm/ru/post/43714/zasedanie-kabineta-ministrov-turkmenistana-142">State News Agency of Turkmenistan</a>

Oil Refineries Under the State Concern "Türkmennebit" to Be Modernized

A meeting was held at the headquarters of the State Concern &quot;T&uuml;rkmengaz&quot; between the leadership of the concern and a delegation from the Turkish company &quot;BOTAŞ,&quot; led by General Director Abdulvahit Fidan. During the meeting, the current state of bilateral relations and prospects for their further development were discussed.

In recent years, cooperation between Turkmenistan and Turkey in various fields has continued to expand actively. Both sides expressed mutual interest in deepening interaction based on principles of mutual respect, trust, and mutual benefit. This was further confirmed during the meeting, where issues of cooperation in the fuel and energy sector and ways to strengthen it were addressed.

As noted, there are significant opportunities for developing relations in the oil and gas sector between the two fraternal countries. In March of last year, during the visit of the National Leader of the Turkmen people, the Chairman of the Halk Maslahaty of Turkmenistan, Hero-Arkadag, to Turkey, a Declaration of Intent on cooperation in hydrocarbon resources and an Agreement on Cooperation between the State Concern &quot;T&uuml;rkmengaz&quot; and the Ministry of Energy and Natural Resources of the Republic of Turkey on developing collaboration in the natural gas sector were signed. These documents laid an important contractual and legal foundation for further advancement of joint initiatives.

The Turkish representatives noted that the intensification of cooperation with Turkmenistan is highly regarded in Turkey. They also emphasized that Turkmenistan has established a reliable legal framework for fostering international cooperation and the effective operation of foreign companies. The guests expressed gratitude to the esteemed President and Hero-Arkadag for the attention given at the state level to the development of fruitful relations. The Turkish side stated its readiness to actively utilize the opportunities created to further strengthen cooperation and participate in the implementation of joint projects in Turkmenistan.

(Special Correspondent).

Source: T&uuml;rkmenmetbugat

Meeting Discusses Pathways for Developing Turkmen-Turkish Oil and Gas Relations

International Forum on Attracting Foreign Investments to Turkmenistan&#39;s Economy (TEIF 2025) to Be Held in Kuala Lumpur, Malaysia

The International Forum on Attracting Foreign Investments to Turkmenistan&#39;s Economy (TEIF 2025) will take place in Kuala Lumpur, Malaysia, on April 23-24, 2025, as reported on the event organizers&#39; website.

The forum will bring together international investors, government representatives, industry leaders, and experts to explore promising investment opportunities and discuss the strategic development of key sectors of Turkmenistan&#39;s economy.

The main organizers of the forum are the State Concerns &quot;T&uuml;rkmengaz&quot; and &quot;T&uuml;rkmennebit,&quot; the Chamber of Commerce and Industry of Turkmenistan, in partnership with the Economic Society &quot;Turkmen Energy Forum.&quot;

The forum aims to expand opportunities for attracting foreign direct investments in Turkmenistan&#39;s energy, transport and communications, construction, and financial sectors, as well as to strengthen dialogue on the further sustainable development of the energy sector. The event is expected to host over 300 delegates from more than 30 countries worldwide.

Within the framework of the forum, opportunities for natural gas exports, the construction of new gas facilities, power generation, and optimization of production at mature fields will be discussed. Projects in the field of clean energy, methane and CO2 emission reduction, and the development of renewable energy sources, including solar and wind power, will also be addressed.

Additionally, investment projects for the modernization of oil refineries and the development of hydrocarbon fields in the Turkmen sector of the Caspian Sea are planned for discussion.

Other topics of the forum include large-scale construction projects, transport, logistics, information technology, telecommunications, and the expansion of export potential in industrial, agricultural, textile, and food products.

It is noted that this year, TEIF 2025 will be held at the prestigious Kuala Lumpur Convention Centre (KLCC), located in the heart of Malaysia&#39;s capital.

Source: &quot;Nebit-Gaz&quot; Newspaper

International Forum on Attracting Foreign Investments to Turkmenistan's Economy Held in Kuala Lumpur

Last week, 19 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan.

For foreign currency, entrepreneurs from the United Arab Emirates, Turkey, Ukraine, and Afghanistan purchased urea produced by the State Concern &quot;T&uuml;rkmenhimi&yacute;a.&quot; Transactions also included cotton yarn, cotton fiber, flannel fabric, and dry licorice root extract. Buyer countries included China, the United Arab Emirates, Serbia, and Kyrgyzstan. The total value of these transactions exceeded $9,129,000 USD.

For the domestic market, local entrepreneurs acquired petroleum bitumen and polypropylene produced by the State Concern &quot;T&uuml;rkmennebit,&quot; as well as cotton yarn, dyed terry products, and more. The total value of these transactions amounted to 38,187,000 manats.

Source: State News Agency of Turkmenistan

A total of 19 transactions were registered at the exchange trades

On January 17, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system. The agenda included several issues concerning state affairs.

During the meeting, Deputy Chairman of the Cabinet of Ministers B. Amanov reported on the activities carried out in the supervised sector, particularly at enterprises under the State Concern &quot;T&uuml;rkmengaz.&quot;

As reported, the sector&rsquo;s infrastructure is being consistently strengthened, and the most optimal working conditions are being created, contributing to a systematic increase in labor productivity. In this regard, the Deputy Chairman submitted a relevant proposal for the President&#39;s consideration.

Summarizing the report, the head of state emphasized that the material and technical base of institutions and enterprises in the oil and gas complex is constantly being modernized, and favorable working conditions are being created for industry employees. Approving the proposal presented by the Deputy Chairman, President Serdar Berdimuhamedov instructed the relevant authorities to carry out the necessary work.

Source: State News Agency of Turkmenistan

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