Home
\
Economy
\
The Head of the State highlights the necessity of innovative development of oil and gas industry
Economy
The Head of the State highlights the necessity of innovative development of oil and gas industry
Published 08.02.2019
1277

Development of recommendations for intellectual innovative development of petroleum industry including the projects of digital wells and deposits has to be one of the main direction of activity of profile scientific institutes, the Head of the State said at the session of the Government on February 8. Having listened to the report of Vice-premier M. Meredov on the work of the facilities of fuel and energy complex in January this year, the President of Turkmenistan focused on the objectives of further development of petroleum industry, improvement of its production, scientific and technical potential, which is to support the improvement of competiveness of national fuel and energy complex in the world and to provide its significant contribution to social and economic progress of the country. The Head of the State pointed out the perspectives that are opened by application of latest digital technologies in oil and gas sphere. It allows significant improvement of the efficiency of geological survey, development of hard-accessible hydrocarbon deposits and production return of old fields. By the outcomes of January, the plan for oil and gas condensate production was executed by 103.2 percent, natural and associated gas by 107.9 percent, processing of hydrocarbon materials by 113.3 percent, production of gasoline by 101.3 percent, diesel fuel by 108.8 percent, lubricants by 100.9 percent, liquefied gas by 110.6 percent, investment development by 113.5 percent.

Last news
31.08
The working visit of the President of Turkmenistan to the People's Republic of China has begun
31.08
The President of Turkmenistan congratulated the President of the Republic of Uzbekistan
31.08
The President of Turkmenistan congratulated the President of the Kyrgyz Republic
31.08
The President of Turkmenistan congratulated the leadership of Malaysia
31.08
The Turkmen-Chinese humanitarian cooperation expands
29.08
The meeting of the Cabinet of Ministers of Turkmenistan
29.08
Telephone conversation between the President of Turkmenistan and the President of the Republic of Korea
27.08
Sustainable Connectivity – Sustainable Development
27.08
Report Of the Authorized Representative for Human Rights in Turkmenistan - the Ombudsman On the activities and the human rights situation in Turkmenistan in 2024
27.08
The President of Turkmenistan congratulated the President of the Republic of Moldova
top-arrow