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The Head of the State outlines the main objectives of development of fuel and energy complex
Economy
The Head of the State outlines the main objectives of development of fuel and energy complex
Published 12.10.2018
1409

At extended session of the Government on October 12, Vice-premier M. Meredov reported on realization of the Programme of development of oil and gas industry until 2030 and outcomes of work of the sector under his supervision for the past nine months. The plan of oil and gas condensate production fulfilled by 100.2 percent, oil processing by 103.2 percent, gasoline production by 108.1 percent, diesel fuel by 105.8 percent, polypropylene by 104.1 percent, lubricating oils by 111.1 percent. Information of the course of construction of Turkmenistan – Afghanistan – Pakistan – India gas line, which is carried out according to approved schedule, has been presented. Having focused on the main aspects of energy strategy of Turkmenistan, President Gurbanguly Berdimuhamedov requested the Vice-premier and the leader of oil and gas sphere to activate the work for attraction of the investments to the country, increment of oil and gas production and goods made in the refining process. The Head of the State ordered to pay special attention to the construction of the TAPI and other international gas lines, to speed up the development of Caspian offshore and to continue the modernization of structure and management system of oil and gas industry as well as privatization of the state owned property. Specific instructions was given for diversification of delivery routes of Turkmen energy resources to the world markets, provision of high level of construction of oil and gas pipelines, exploration of hydrocarbon deposits.

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