President Gurbanguly Berdimuhamedov held working session with participation of Deputy Chairman of the Cabinet of Ministers M. Meredov, who is in charge of oil and gas industry, as well as Chairman of the State Concern Türkmennebit G. Baygeldiyev.

Realization of the Programme of social and economic development of the country in 2020 – 2025, improvement of activity of fuel and energy complex and main directions of its further development taking into account complicated world realities have been discussed at the session.

Implementation of advanced practice, digital technologies and management, comprehensive modernization and diversification of production are current objective the branches of this sphere.

President Gurbanguly Berdimuhamedov noted that enormous work is carried out in oil and gas industry, new oil deposits like Northern Goturdepe, Uzynada, Altykuyi are discovered and put into operation. Modern oil refining facilities are opened, volumes of export of petroleum product to international markets grow.

At the same time, the Head of the State has focused that prices in oil market always change, which is the consequence of the situation in the world economy that led to reduction of consumption volumes of crude oil and petroleum products.

In its turn, it affects production and financial indicators of our country, the Head of the State said, having pointed out the necessity to develop effective measures for keeping of achieved rates of oil production and fulfilment of programme obligations in this industry in 2020.

Continuing the session, President Gurbanguly Berdimuhamedov has listened to the proposals of relative officials regarding production and sale of certain petroleum products, provision of stable economic indicators.

First, the floor was given to Chairman of the State Concern Türkmennebit G. Baygeldiyev who reported on integrated work in this direction.

It was mentioned that the plan of oil and gas condensate production has been exceeded by 9.7 percent for three months of the year. The Concern itself has produced 1.7 percent more that it was planned. At the same time, the growth rate of oil production was 105.9 percent comparing with the same period of last year.

At present time, works for development of new deposits are carried out at high rates. In particular, international tender on provision of services for horizontal directional drilling of two wells at Northern Goturdepe field has been announced. By the result of the tender, the most commercially beneficial proposal for our country will be selected. This method of drilling allows increasing production of wells by 2 – 3 times.

The work for search and exploration of new deposits is carried out according to the request of President Gurbanguly Berdimuhamedov. Thus, construction of South Uzynada – 7 well with project depth of 6,500 meters is planned in Gyzylgum lowland. At present time, the Institute Nebitgazylmytaslama prepares relative project for development of productive layers, which have been discovered during previous surveys in this place.

Further, the working session was continued with the report, of Deputy Chairman of the Cabinet of Ministers M. Meredov. The Vice-premier reported on the situation in fuel and energy complex, fulfilment of the Programme of development of oil and gas industry of Turkmenistan until 2030, measures for prevention of negative impact on the economy of the complex due to complicated situation in the world and on activation of international cooperation in this direction.

It was mentioned that special attention is paid to implementation of modern technologies to the activities of structures of the complex according to the orders of Head of the State Gurbanguly Berdimuhamedov.

Having listened to the reports, the President of Turkmenistan pointed out that it is necessary to use integrated approach in work in this sphere in order to provide its efficiency. Search for new oil deposits, improvement of production of hydrocarbon fields has to be carried out based on scientific achievements, the Head of the State highlighted.

Continuing the conversation on this subject, the President noted that it is necessary to pay more attention of implementation of scientific developments prepared by scientific and research institutes of the industry to production. It is also necessary to use advanced world practice, the President of Turkmenistan said.

In this regard, advanced technologies have to be introduced to works of the complex, to change the management system into digital format, to pay close attention to training of qualified personnel, continue search and development of new oil and gas deposits, develop processing facilities of oil and gas industry on multidimensional base, the head of the State said.

The President of Turkmenistan specified current direction of coming work for expansion of production potential, multidimensional development and expansion of export capabilities of fuel and energy complex to the participants of the session, having ordered to take measures for their implementation.

The Head of the State pointed out that it is necessary to use existing production facilities rationally and to enhance the efficiency of work organization in structural divisions of concerns by introduction of digital technologies and latest scientific achievements, active attraction of foreign investments to producing industry for improvement of technical and economic indicators of oil and gas complex.

The State Concern Türkmennebit has to develop new forms of cooperation with international oil and gas companies including in exploration, development and processing of hydrocarbons, attraction of investments for development of new oil deposits and production of remained reserves of oil at old fields.

Having focused on importance of effective organization of work of production structures, the Head of the State gave instructions to study international sale markets of petroleum products, make marketing researches in order to determine highly liquid products, which would support successful fulfilment of objectives of the Programme of social and economic development of the country in 2020 – 2025. Specific assignments have been given for implementation of high technologies in this sphere.

Finishing working session, President Gurbanguly Berdimuhamedov wished success in solution of set objectives for development and enhancement of efficiency of national fuel and energy complex to all participants.
 

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