Geophysicists of “Turkmengazgeofizika” Management make a significant contribution to solving important tasks of the country’s fuel and energy complex. In 2024, geophysicists successfully carried out work on 245 wells owned by the State concerns Turkmengaz [Turkmen gas], Turkmennebit [Turkmen oil] and the State Corporation Turkmengeologiya [Turkmen geology], the official newspaper of the oil and gas […]
Russia will transport gas to Iran through Azerbaijan, though the price remains undetermined
Russia and Iran have agreed to transport Russian gas to Iran through Azerbaijan. While the route has been set, negotiations on the supply cost are ongoing. This was announced by Russian Energy Minister Sergei Tsivilev following the summit talks between the Presidents of Russia and Iran at the Kremlin on 17 January. “The route through […]
Turkmenistan’s oil and gas complex held talks with ADNOC and Petronas companies
High-level negotiations focused on expanding cooperation in the oil and gas sector were held in Ashgabat on 15 January 2025. Representatives of Turkmenistan’s oil and gas complex, led by Chairman of the State Concern “Turkmennebit” [Turkmen Oil] Guvanch Agadjanov, met with delegations from the Abu Dhabi National Oil Company (ADNOC) and Malaysia’s PETRONAS Carigali, key […]
QazaqGaz and ADNOC aim for joint exploration in Kazakhstan and Turkmenistan
Sanjar Zharkeshov, Chairman of the Management Board of JSC NC QazaqGaz, held a meeting with Abu Dhabi National Oil Company (ADNOC) Executive Vice President for International Development By Mohammed Al-Aryani. The parties discussed issues of cooperation in joint exploration projects in Kazakhstan and Turkmenistan. QazaqGaz expressed its willingness to offer transparent and competitive conditions, as […]
Turkmenistan’s oil and gas sector: achievements in 2024
In 2024, the oil and gas complex of Turkmenistan demonstrated significant success, thanks to a consistent energy policy aimed at the comprehensive development and integration of the industry into the international energy system. Large-scale investment projects are not only of great economic importance, but also play a key role in maintaining regional and global energy […]
The high-ranking delegation of the UAE met with the leadership of Turkmenistan – Energy and investment cooperation under the spotlight of the talks
On Monday, 25 November, Dr.Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of UAE and ADNOC Managing Director and Group CEO, and Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, have paid a working visit to Turkmenistan. They led a delegation that included representatives from various government and private sector entities […]
Turkmengaz Chairman met with Minister of Energy and Natural Resources of Türkiye in Istanbul
The State Minister of Turkmenistan and Chairman of Türkmengaz Maksat Babayev met with Alparslan Bayraktar, the Minister of Energy and Natural Resources of Türkiye to discuss bilateral cooperation in the fields of gas and oil, particularly the transportation of Turkmen gas to Europe, Turkish news outlets report. In a post on the social media platform […]
Turkmenistan and China signed a memorandum in the energy sector
On 18 November 2024, the ninth meeting of the energy subcommittee of the Turkmen-Chinese Intergovernmental Cooperation Committee was held in Ashgabat, the official newspaper Neutral Turkmenistan reports. The Chinese delegation was headed by Zhang Jianhua, administrator of the National Energy Administration. As it was noted during the meeting, cooperation in the energy sector, especially in […]
Turkmenistan to Modernize Korpedje Gas Compressor Station
During a recent Cabinet of Ministers meeting, Deputy Prime Minister Batyr Amanov presented an update on the modernization efforts at Turkmen Oil’s facilities. A key focus is on the Korpedje gas compressor station. In particular, it was noted that steps are being taken to ensure the smooth operation of the gas compressor station of Korpedje. […]
OGT 2024: Turkmenistan increases gas production and modernizes the gas transportation system
Turkmenistan is undergoing a significant transformation of its domestic gas transportation infrastructure, with the goal of substantially increasing natural gas production in the coming years. This strategic initiative was highlighted by Rustem Tekeyev, head of the Gas Transport and Gas Supply Department at Türkmengaz State Concern, during the International Conference “Oil and Gas of Turkmenistan […]
OGT 2024: OSCE Emphasizes Green Transition and Human Capital in Turkmenistan
Ambassador John MacGregor, Head of the OSCE Centre in Ashgabat, highlighted the crucial role of technological innovations and human capital in ensuring a sustainable energy transition during the 4th session of the OGT 2024 conference. MacGregor, speaking on the panel discussion “Energy transition: the role of technological innovations and human capital,” emphasized the OSCE’s commitment […]
OGT 2024: Galkynysh field is one of the largest gas reserves in the world
This is a field with reserves of more than 20 trillion cubic meters of gas (or more than 500 trillion cubic feet) and a productive horizon stratum of over 600 meters is truly phenomenal — this is how Steven Travers, Director of the British auditing and consulting company GaffneyCline, described the Turkmen Galkynysh deposit. Irina […]
OGT 2024: Gas, Ecology and Investments – Turkmenistan builds a sustainable energy future
Natural gas occupies a leading position as a way to meet the world’s growing energy needs. According to an analysis by the International Energy Agency, natural gas consumption will grow by almost 20% by 2030 and will remain at the same level until 2040. Murad Archaev, Deputy Chairman of Turkmengaz State Concern, told about this […]
OGT 2024: Our Objective is To Maximize Gas Utilization & Minimize Gas Flaring to near zero by 2027, says Dragon Oil
Dragon Oil investments exceed $10 billion with a cumulative production reaching 447 million barrels since Dragon Oil presence in Turkmenistan in 2000, told company’s CEO Ali Rashid Al Jarwan in his presentation at OGT 2024. Looking into the future, Dragon Oil strategy has been redefined to focus on operational excellence, enhance oil recovery, re-injection of […]
OGT 2024: Turkmenistan Welcomes Foreign Partners for Caspian fields development
At the first panel discussion of the OGT 2024 conference, the chairman of the State Concern “Turkmennebit” Guvanch Agajanov presented the information on the Caspian fields, available for investment partnership. These are blocks 11, 12, 16, 21, and 23. All of them offer comprehensive geological data, providing potential investors with useful insights. Moreover, touching upon […]
OGT 2024: Oil and Gas to Dominate Global Energy Mix Until 2050, CNPC says
Oil and gas will remain important sources of energy in the coming decades, and developing countries will play an increasingly important role in the global energy market. At the same time, the energy transition will be accompanied by significant investments in renewable energy sources — CNPC Vice President Zhang Daowei shared Corporation’s vision of the […]
OGT 2024: Gas trade between China and Turkmenistan reached 415 billion cubic meters, CNPC says
China and Turkmenistan have achieved a significant milestone in their energy cooperation, with bilateral natural gas trade reaching a total of 415 billion cubic meters and trade volume surpassing US $ 83 billion. Zhang Daowei, the Vice President of CNPC, highlighted these achievements at the OGT 2024 International Oil and Gas conference. Daowei emphasized that […]
OGT 2024: Uzbekistan supports Turkmenistan’s international gas pipeline initiatives
Uzbekistan has reaffirmed its commitment to supporting Turkmenistan’s initiatives to expand its natural gas exports to regional markets. This includes the ongoing construction of the Turkmenistan-Afghanistan-Pakistan Pipeline (TAPI) and the country’s potential for increasing hydrocarbon production. Jurabek Mirzamakhmudov, Uzbekistan’s Minister of Energy, highlighted these points during his address at the Turkmenistan Oil and Gas 2024 […]
OGT 2024: Turkmenistan’s energy policy is based on Multi-vector Approach and Neutrality – Turkmengaz outlines a range of projects for international investors
Turkmenistan’s unwavering commitment to political and economic stability, underpinned by a robust legal framework that adheres to international principles, has firmly established the country as a reliable and attractive partner for energy cooperation and investment. This was emphasized by Maksat Babayev, Minister of State and Chairman of Turkmengaz State Concern, during his address at the […]
Kazakhstan Seeks to Join TAPI Gas Pipeline Construction
Kazakhstan is actively negotiating with Turkmenistan to participate in the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, according to Yerlan Akkenzhanov, Vice Minister of Energy. Akkenzhanov highlighted the potential benefits of Kazakhstan’s involvement in the project, emphasizing the country’s interest in expanding its hydrocarbon export and transit capabilities. “The transport potential for the export and […]
Iraq to diversify gas import sources on account of Turkmenistan
Iraq is working to secure stable gas supplies from both Turkmenistan and Iran to meet its growing energy needs. According to Iraqi electricity minister Ziyad Ali Fadel, reliable imports from these sources could lead to a significant increase in electricity production by next summer. “The quantities of imported gas reach 50 million cubic meters per […]
Turkmenistan and Iraq strike a gas deal in Baghdad
Maksat Babayev, State Minister of Turkmenistan arrived in Baghdad paid an official visit to Iraq, on Saturday, 19 October 2024, Iraqi News Agency reports. At Baghdad airport, Babayev met with the Minister of Electricity of Iraq, Ziyad Ali Fadel. The meeting led to signing of an agreement between Turkmenistan and Iraq on gas supplies. In […]
Eastern Province of Turkmenistan Surpasses Gas Production Targets
The gas production department of the Lebap province of Turkmenistan “Lebapgazçykaryş” [Lebap gas production] completed nine months of the year, exceeding the plan for natural gas production, the newspaper “Neutral Turkmenistan” reports. The province produced 43 million cubic meters more gas than planned, reaching a total of 7.52 billion cubic meters. This achievement is largely […]
The Minister of Energy of Uzbekistan will participate in OGT 2024
The Minister of Energy of the Republic of Uzbekistan, Jurabek Mirzamakhmudov, will be a guest at the International Conference and Exhibition “Oil and Gas of Turkmenistan – 2024” (OGT 2024), which will take place in Ashgabat from October 23-25 of this year. The distinguished guest will be one of the speakers in the session “New […]
Iraq to Contract with Dubai-based company for gas supplies from Turkmenistan
Iraq approved the import of gas from Turkmenistan via Iran to fuel its power stations. The Iraqi News Agency reported on Wednesday the cabinet meeting under Prime Minister Mohammed Al-Sudani endorsed the plan of imports based on swap through transaction with the Dubai-based Loxstone Energy Company via Iran. Here are is some details, mention in […]
OGT 2024 Attracts Global Attention
Preparation for the 29th International Conference and Exhibition “Oil and Gas of Turkmenistan” (OGT 2024), which will be held from October 23 to 25 in Ashgabat, is progressing rapidly. The event, organized by the State Concerns “Turkmengas” and “Turkmennebit,” the Chamber of Commerce and Industry of Turkmenistan, and the State Corporation “Turkmengeology,” has drawn the […]
Yug-Neftegaz Private Limited – a Silver Partner of the OGT 2024
Yug-Neftegaz Private Limited is proud to announce its status as a Silver Partner of the XXIX International Oil and Gas Conference and Exhibition of Turkmenistan (OGT 2024). This prestigious event will be held in Ashgabat from October 23 to 25, 2024. OGT 2024, a premier international conference and exhibition focused on Turkmenistan’s oil and gas […]
The Ambassador of Kazakhstan to Turkmenistan met with the heads of the fuel and energy complex of Turkmenistan
On 19 September 2024, the Ambassador of Kazakhstan to Turkmenistan, Nurlan Nogaev, met with the Chairman of the State Concern Turkmennebit, Guvanch Atajanov. During the talks, the parties noted the positive dynamics in cooperation between the two countries and stressed the significant potential of Turkmenistan in the energy sector. Special attention was paid to opportunities […]
Iran holds talks with Russia, Turkmenistan on gas cooperation
The chief executive of the National Iranian Gas Company (NIGC) said that Iran has held talks with Russia and the Republic of Turkmenistan to enhance bilateral cooperation in the gas sector. Turning to the continuation of gas talks with Turkmenistan and Russia, CEO of the National Iranian Gas Company (NIGC) Saeed Tavakkoli stated that good […]
Embassy of Kyrgyzstan in Turkmenistan conducts briefing for diplomats, media
Ambassador Azizbek Madmarov of Kyrgyzstan conducted a briefing for the diplomats and media in Ashgabat on 16 September 2024. In the first part of the briefing, he quoted a recent speech of President Sadyr Japarov to the nation on the occasion of the Independence Day, and in the later part he spoke about some joint […]
TIF 2024: Kazakhstan and Turkmenistan agree to expand cooperation in the gas industry
Kazakhstan and Turkmenistan have agreed to strengthen their cooperation in the gas industry. Kazakhstan’s Energy Minister Almasadam Satkaliyev met with Deputy Prime Minister of Turkmenistan Batyr Amanov and Minister of State, Chairman of the State Concern Turkmengaz Maksat Babayev on the sidelines of the Turkmenistan Investment Forum (TIF 2024) in Ashgabat. During the meeting, the […]
EEF: Putin comments on natural gas trade
nCa Report During the EEF (Eastern Economic Forum) in Vladivostok, President Putin has commented on the natural gas trade. As reported by Milena Bogdanova of Fakti.bg, he said, “The volume of supplies of Russian gas to Europe will be reduced if Ukraine refuses to transit it, but “that is their choice“”. He said that in […]
Kazakhstan’s Oil Industry: A Century of Growth
nCa Report Kazakhstan’s oil industry has a rich history dating back over a century. The country’s first oil production began in the eastern Karashungul field in 1899, with an initial daily output of 22-25 tons. The oil was transported by camel to the coast of the Caspian Sea, where it was loaded onto ships. Kazinform […]
Dragon Oil opens new regional office in Turkmenistan
Saeed Mohammed Al Tayer, Chairman of the Board of Directors of Dragon Oil, wholly owned by the Government of Dubai, inaugurated in Ashgabat, Turkmenistan, the company’s largest regional office outside the United Arab Emirates. The inauguration was attended by Dragon Oil’s high-level official delegation of board members, reinforcing the company’s expansion of investments in the […]
Arkadag visits Iran – Meets Spiritual Leader and President – Four documents signed
The National Leader of Turkmenistan and the Head of Halk Maslahaty, Gurbanguly Berdimuhamedov traveled to Iran on 28 August 2024. This is the first high-level visit of a foreign dignitary to Iran since the inauguration of President Masoud Pezeshkian. Gurbanguly Berdimuhamedov, known by his title Arkadag, had a meeting with the Iranian president. Four documents […]
Turkmenistan Reiterates Commitment to Energy Cooperation with Türkiye
President Serdar Berdimuhamedov reaffirmed Turkmenistan’s dedication to deepening energy ties with Turkey during a meeting with Turkish Energy and Natural Resources Minister Alparslan Bayraktar on Wednesday. Highlighting Türkiye’s pivotal role in Turkmenistan’s foreign trade, Berdimuhamedov emphasized the vast potential for expanding collaboration in energy, mining, transportation, agriculture, and investment. He noted that Turkmenistan is one […]
Türkiye, Turkmenistan want to trade 300 bcm of gas in next 20 years: Turkish energy minister
Türkiye and Turkmenistan aim to have an annual gas trade volume of 15 billion cubic meters (bcm) in the next 20 years, amounting to 300 bcm, the Turkish Energy and Natural Resources Ministry said Wednesday. To reach that volume, the two nations “need a pipeline,” but utilizing existing infrastructure, Ankara and Ashgabat aim to start […]
Development of oil and gas and mineral resources, electric power industry – the key topics of the Turkmen-Turkish talks in Ashgabat
Minister of Energy and Natural Resources of Türkiye Alparslan Bayraktar held talks with the heads of Turkmenistan’s fuel and electric energy industry, in Ashgabat “During the intensive bilateral negotiations we held in Turkmenistan, we met with Deputy Chairman of the Cabinet of Ministers of Turkmenistan for Oil and Gas Batyr Amanov, Chairman of the Turkmengaz […]
Minister of Energy and Natural Resources of Türkiye holds talks in Turkmenistan
Minister of Energy and Natural Resources of Türkiye Alparslan Bayraktar arrived in Ashgabat on 30 July 2024 for talks on expanding cooperation in the field of energy, Turkish news outlets reported. On the first day of the visit, Bayraktar held a meeting with the chairman of the State Corporation “Turkmengeology” Gurbangeldy Garlyev, the minister wrote […]
Türkiye will receive 2bcm of Turkmen gas through Iran-Azerbaijan infrastructure
The minister of energy and natural resources of Türkiye, while speaking to the private Turkish media on 26 July 2024, said, “We are working on bringing up to 2 billion cubic meters of gas from Turkmenistan to Türkiye in the initial phase over Iran and Azerbaijan. There is no need for additional major investment in […]
Afghanistan gets ready to launch TAPI Project
The Ministry of Mines and Petroleum of Afghanistan stated that all preparations have been made for the commencement of the TAPI project, according to TOLOnews. The spokesman for the Ministry of Mines and Petroleum, Homayoun Afghan, said that security is ensured in the country, and the challenges related to land acquisition for the TAPI project […]
Kazakhstan Boosts Gas Transit and Production
In 2024, Kazakhstan will increase the transit of Turkmen and Uzbek gas to China to 37.1 billion cubic meters (+1.5 billion cu m). This was announced at a government meeting on Tuesday, July 16, by Kazakhstan’s Energy Minister Almasadam Satkaliyev, who reported on the current state and prospects for the development of the gas industry. […]
TDH commentary: Turkmenistan strengthens its energy potential
Today, in the era of the Revival of a new epoch of a powerful state, program reforms for the development of the fuel and energy complex of Turkmenistan, initiated by the National Leader of the Turkmen people, Hero Arkadag, are being successfully implemented under the leadership of President Serdar Berdimuhamedov. Recently, as a result of […]
Turkmenistan-Iran Gas Deal – Exclusive conversation with Ambassador of Iran in Turkmenistan
Turkmenistan and Iran recently signed the agreement for the supply of the Turkmen gas to Iraq through Iran under swap arrangement. The deal also covers the supply of the Turkmen gas to Iran for meeting the requirements in some provinces of Iran. Ambassador Ali Mojtaba Rouzbehani of Iran, in an exclusive conversation with nCa, gave […]
Turkmenistan, Iran Strike Deal to Deliver Gas to Iraq under swap scheme – Turkmenistan to boost gas exports to Iran
Turkmenistan and Iran have signed a contract for the purchase and sale of natural gas in the amount of up to 10 billion cubic meters of gas per year, which will be supplied from Turkmenistan to Iraq through Iran under the “SWAP” scheme. This was announced by the Ministry of Foreign Affairs of Turkmenistan […]
Central Asia Secured Long-Term Gas Supplies from Russia – Gazprom Signs 15-Year Deal for Gas Transit Through Kazakhstan
At the St. Petersburg International Economic Forum, major energy players inked a significant agreement. Gazprom, the Russian gas giant, signed long-term contracts with Kazakhstan’s National Company QazaqGaz to transport gas to Uzbekistan and Kyrgyzstan for 15 years (2025-2040). To facilitate this transit, plans include expanding the existing Central Asia-Center gas pipeline network and developing additional […]
Türkiye-Azerbaijan natural gas supply deal extended to 2030
Corporation (BOTAŞ), Azerbaijan’s state energy company SOCAR, and Azerbaijan Gas Supply Company (AGSC) signed the deal on natural gas supply and exchange on June 4 at the start of the 29th International Caspian Oil & Gas Exhibition during Baku Energy Week, which runs between June 4-6. Energy and Natural Resources Minister Alparslan Bayraktar and Azerbaijani […]
Turkmenistan, CNPC Discuss Deepening Gas Cooperation
On Tuesday, May 28, Advisor to the President of Turkmenistan on Oil and Gas issues Ashyrguly Begliev met with Chen Huailong, head of the branch of the Chinese National Petroleum Corporation (CNPC) in Turkmenistan, TDH reports. The Ambassador of China to Turkmenistan, Qian Naicheng, also attended the meeting. Discussions focused on expanding the Turkmenistan-China partnership, […]
Kazakhstan Upgrading Gas Pipeline System to Boost Russian Gas Flow to Uzbekistan
Russia aims to significantly increase gas exports to Uzbekistan, with plans to reach 11 billion cubic meters annually by next year. This is a substantial jump from the current level of 3.8 billion cubic meters. The statement came after talks between Russian President Vladimir Putin and President Shavkat Mirziyoyev of Uzbekistan in Tashkent. The availability […]
“Black Sea – Caspian Sea”: unlimited opportunities for friendship and partnership
Konstantin Sabiashvili, Ambassador Extraordinary and Plenipotentiary of Georgia to Turkmenistan This year, on May 26, Georgia celebrates the 33rd anniversary of the restoration of state independence. For centuries, the Georgian people have tirelessly fought for independence and the right to determine their own destiny. As you know, Georgian statehood dates back more than three thousand […]