Arzuw NEWS - Turkmenistan news

Head of Turkmenistan approves 250 million manat investment in Turkmenneft

More than 250 million manats as credit funds will be provided to "Türkmennebit" to increase oil production in Turkmenistan. This decision was made by the Turkmen leader at a government meeting on the development of the national economy.

As the head of Turkmenistan noted, the state companies Turkmengaz and Turkmengeologiya received investments earlier.

The money will be allocated by the Central Bank of the country to SCBT "Turkmenbashi", which will provide a loan to SC "Turkmenneft" for its intended use, namely - to intensify the development of fields to increase oil production.

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