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: 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 […]
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 […]
Kazakhstan and Turkmenistan deepen gas cooperation – QazaqGaz and Turkmengaz sign historic agreement
Today, in Ashgabat, the National Company of Kazakhstan QazaqGaz and the State Concern Turkmengaz signed an agreement on strategic cooperation in the development of the gas industry. The document was a part of documents package inked following high-level talks between President of Turkmenistan Serdar Berdimuhamedov and President of Kazakhstan Kassym-Jomart Tokayev. Chairman of the Board […]
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 […]
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 […]
Нефтегазовая отрасль Туркменистана провела переговоры с инвесторами из ОАЭ и Южной Кореи – Казахстанские компании готовы подключиться к газовым проектам в Туркменистане
29 июля в Ашхабаде состоялись очередные встречи руководителей нефтегазовой отрасли Туркменистана с руководством компаний ADNOC (Объединенные Арабские Эмираты) и Hyundai Engineering Co. Ltd. (Республика Корея), сообщает TDH. Одной из особенностей нынешнего этапа переговоров явилось выражение со стороны ADNOC готовности к совместной работе с нефтегазовыми компаниями из Казахстана. При этом необходимо обратить внимание, что туркменская сторона […]
The oil and gas industry of Turkmenistan held talks with investors from the UAE and South Korea – Kazakhstani companies are ready to join gas projects in Turkmenistan
On 29 July 2024, Ashgabat hosted meetings of the heads of the oil and gas industry of Turkmenistan with the management of ADNOC (UAE) and Hyundai Engineering Co. Ltd. (Republic of Korea), TDH reports. One of the features of the current stage of negotiations was the expression by ADNOC of readiness to work together with […]
S&P Global Commodity Insights: Knowledge Partner at OGT 2024 Conference and EXPO
S&P Global Commodity Insights is the Knowledge Partner of this year’s Oil and Gas of Turkmenistan (OGT 2024) conference. The 29th International Conference and Exhibition “Oil and Gas of Turkmenistan – 2024” (OGT 2024) will be held in Ashgabat on 23-25 October 2024. S&P Global Commodity Insights plays a crucial role in the energy sector […]
Registration Open for the 29th International Conference and Exhibition “Oil and Gas of Turkmenistan – 2024” (OGT 2024)
Registration is now open for the 29th International Conference and Exhibition “Oil and Gas of Turkmenistan – 2024” (OGT 2024), to be held in Ashgabat on 23-25 October 2024. This flagship event of energy sector is organized by the State Concerns “Turkmengas” and “Turkmennebit” and the Chamber of Commerce and Industry of Turkmenistan. The purpose […]
Turkmenistan and GIZ to realize a project to combat climate change
The project titled “EU for a green Turkmenistan: Policy Dialogue and Climate Action 2024 – 2028” will be implemented in Turkmenistan in cooperation with the German Corporation for International Cooperation (GIZ). A corresponding memorandum on the implementation of the project was signed today (14 May) in Ashgabat between the Ministry of Energy of Turkmenistan, the […]
TEIF 2024: key discussion points of the first day of the International Investment Forum of Turkmenistan’s Energy Sector in Paris
More than 300 delegates from 31 countries gathered in Paris for the International Investment Forum on Attracting Investments in the Energy Sector of Turkmenistan (TEIF 2024). Among the participants are representatives of international organizations, including the UNECE, OPEC, the Global Gas Center (GGC), the International Energy Agency (IEA), delegates from major oil and gas companies, […]
The International Forum on Attracting Foreign Investments in the Energy Sector of Turkmenistan starts today in Paris
Today, on 24 April, the International Forum to Attract Foreign Investments in Turkmenistan’s Energy Sector (TEIF 2024) kicks off in Paris. President Serdar Berdimuhamedov, in a message to forum participants, expressed confidence that the event will be a catalyst for progress. He highlighted its potential to address tasks in Turkmenistan’s oil and gas sector, attract […]
Petrofac заключила контракт по проекту разработки гигантского газового месторождения в Туркменистане
Petrofac, ведущий поставщик сервисных услуг для мировой энергетической отрасли со штаб-квартирой в Лондоне, заключил новую сделку по поддержке операций на газовом месторождении Галкыныш в Туркменистане, говорится в пресс-релизе компании. Этот трехлетний контракт стоимостью более 200 миллионов долларов основан на предыдущем успешном опыте сотрудничества Petrofac с государственным концерном “Туркменгаз” на крупном газовом месторождении. Контракты предусматривают: • […]
Petrofac awarded contract to maintain giant gas field in Turkmenistan
Petrofac, a leading provider of services to the global energy industry, has secured a new deal to support operations at the Galkynysh Gas Field in Turkmenistan, according to company’s press release. This three-year contract, valued at over $200 million, builds on Petrofac’s previous successful cooperation Turkmengas State Concern on the massive gas field. The contracts […]
Turkmenistan gas sector leadership and Emirati ADNOC discuss cooperation
Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions & International Growth Directorate at ADNOC, arrived in Ashgabat at the head of the company’s delegation, the UAE Embassy in Turkmenistan reports. The delegation is accompanied by the UAE Ambassador to Turkmenistan Ahmed Al Hameli. Representatives of ADNOC held meetings with senior officials of the State […]
Iraq to Import Turkmen Gas Through Iran in Swap Deal
The delegation of Iraq headed by Deputy Minister of Energy of the country Adil Karim Kak Ahmed and Deputy Minister of Oil Izzat Saber Esmail held talks with the State Concern “Turkmengaz” in Ashgabat on Thursday, 24 August. The purpose of the meeting was to hold consultations on the purchase of Turkmen natural gas by […]
Turkmenistan’s senior officials from petroleum sector and UAE government officials to attend International Investment Roadshow in Dubai
The preparation for the upcoming International Roadshow to Attract Foreign Investments in Turkmenistan’s Energy Sector (26-27 Apr 2023) is underway and the following senior government officials from Turkmenistan will participate in the event: Batyr Amanov – State Minister, Chairman of SC “Turkmengas” Guvanch Agajanov – Chairman, State Concern “Turkmennebit” Niyazly Niyazlyev – Chairman, SC “Turkmenhimiya” […]
Turkmenistan came up with a plan to extinguish the “Gates of Hell”
The Darvaza gas crater or the Shining Karakum is located 270 kilometers from Ashgabat in the central Karakums. Back in Soviet times, in 1963, an attempt was made to drill an exploration well there, but a gas-filled void was discovered at a shallow depth. A sinkhole was formed with a depth of 20 meters and […]
Turkmen gas supplies to Russia resumed
nCa News and Commentary Turkmenistan has resumed the supplies of natural gas to Russia after a hiatus of three years. This was confirmed both by the oil and gas complex of Turkmenistan and the Russian giant Gazprom. “Today, April 15, from 12 noon, deliveries of Turkmen natural gas to the Russian Federation resumed,” reported Nebit-we-Gaz, […]
Iranian penchant for drama, exaggeration complicates situation in gas deal – Turkmenistan issues clarification
Tariq Saeedi Ashgabat, 3 January 2017 (nCa) — The matter was actually quite simple: You pay for what you use, you pay what you agreed to pay, and you pay when you are supposed to pay. We are talking of the Turkmen natural gas supplies to Iran, a purely economic matter that has acquired a […]