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.
According to the head of Turkmenistan, earlier investments were received by state-owned companies - Turkmengaz and Turkmengeologiya.
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.
Source and photo: oilgas.gov.tm
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