2-3 November, 2017
22nd International Conference
"Oil & Gas Turkmenistan - OGT 2017"  

Ashgabat, Turkmenistan

Conference Hall of the Chamber of
Commerce and Industry of Turkmenistan


29 January 2018

The results of the energy sector in 2017 were summed up

Today in the Central building of the oil and gas complex of Turkmenistan the meeting under the chairmanship of the vice-chairman of the Cabinet of Ministers Maksat Babayev was held, and there the results of work of enterprises of the industry in past 2017 were discussed.

During the meeting with detailed reports on the work performed during the past reporting period, and about plans for 2018 the heads of the State concerns "Turkmengas", "Turkmennebit", State Corporation "Turkmengeology", the Turkmenbashi complex of oil refineries and JSC "Nebitgazhyzmat" acted.

In the reports, information about the performance achieved in the field of oil and gas condensate, hydrocarbon processing, production of major products was sounded.

It was noted that the plan for the production of gasoline was executed by 101.4 percent, diesel fuel – by 100.3 percent, polypropylene by 101.9 per cent, lubricants – 111,2%, liquefied gas – by 108,2%.

The rate of growth of production of natural and associated gas, compared with the year 2016 has increased by 102 percent, export of "blue fuel" – 101,1,  percent of investments for the development -107 percent.

Also, a presentation was made by the representative of the State concern "Turkmengas", the Board of Directors of the company "TAPI Pipeline Company Limited", which said that the construction of TAPI pipeline (Turkmenistan-Afghanistan-Pakistan-India) on the territory of our country was conducted in accordance with the approved schedule.

Corresponding managers reported on the construction progress of the second gas-chemical plant in the city Genly in Balkan region and the plant in Yylanly in Dashoguz region.

The vice-chairman paid special attention to the activities of the Research Institute of natural gas of the State concern "Turkmengas" and the Research and Design Institute of the State concern "Turkmennebit". In this regard, the vice-chairman gave the managers a number of relevant instructions for the implementation of new technologies and development of scientific cooperation with foreign companies.

At the end of the reporting meeting, vice-chairman, noting the inherent importance of the oil and gas complex in the stable development of the economy, stated that the timely execution of all tasks and goals set by the President to the complex, is a priority task for each employee.