Arzuw NEWS - Turkmenistan news

Turkmenistan will increase the efficiency of the fuel and energy complex

During the meeting of the Cabinet of Ministers of Turkmenistan, Deputy Prime Minister M. Meredov informed about the current situation in the fuel and energy sector and the progress of investment projects, implemented according to the Program of industry development, aimed at increasing oil production by increasing well productivity. In this perspective, the state concern "Türkmennebit" relies on cooperation with proven industry partners.

The President of Turkmenistan emphasized that now there are opportunities for fruitful cooperation with foreign companies in the field of IT integration, the most modern scientific and technical innovations aimed at increasing the production of natural hydrocarbons.

The deputy head of the government received instructions from the President on expanding foreign investment in the fuel and energy sector of Turkmenistan and benchmarking in the energy management segment.

Also, the chairman of the State Concern "Türkmengaz" M. Archaev received a reprimand for improper performance of official duties. The President of Turkmenistan urged to make every effort to increase the efficiency of the fuel and energy sector divisions.


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