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The volume of Turkmenistan's blue fuel exports exceeded the target

Gas pipeline

Turkmenistan performed natural gas export plan, which was set for the initial two months of 2022. Exports exceeded 14% of the plan, production was above the norm by 5%, LNG production by 8%. It can be summed up that the industry is developing and showing good performance. In all related industries, the production figures were also above the established norm, for example, gasoline was produced by 17% more, lubricating oils by 11%, which indicates a good pace of economic development.

At the last government meeting, President Berdymukhamedov still noted that, analyzing inflation, the growth rate is not as high as we would like it to be. Some positions in the oil and gas sector are lagging behind or developing too slowly, so they will be stimulated in the near future. Projects for the second phase of development of the Galkynysh natural gas field were presented at the meeting; they are being implemented together with partners from China. All proposals were obtained on the basis of the law, which has been signed in the country "On carbon resources" and on the basis of a confirmed service agreement with the risk.

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