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
1383

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
12.11
The President of Turkmenistan congratulated the elected President of the Republic of Ireland
12.11
The capital city hosts large international events of the transport-communication complex
11.11
The President of Turkmenistan received the Head of the Asian Development Bank
11.11
The President of Turkmenistan congratulated the President of the Republic of Poland
10.11
The President of Turkmenistan Held a Working Meeting
10.11
Ashgabat will host an expert dialogue on the development of the digital economy and the implementation of logistics strategies
10.11
The total amount of transactions at the SCRMET auctions exceeded 5 million 506 thousand USA dollars
09.11
Holiday in praise of generosity and abundance of the Turkmen land
09.11
Decree of the President of Turkmenistan On awarding the medal of Turkmenistan «Watana bolan söýgüsi üçin» on the occasion of the Harvest holiday
08.11
The President of Turkmenistan took part in a nationwide tree-planting campaign
top-arrow