Oil production increases by 10% in Turkmenistan
Ashgabat, Turkmenistan, April 5
By Huseyn Hasanov - Trend:
The oil production increased by ten percent in Turkmenistan in January-March 2015 compared to the same period of 2014, the Turkmen Ministry of Oil, Gas Industry and Mineral Resources said.
The high indices are observed in many areas of Turkmenistan for the first quarter of this year compared to the same period of 2014, the statement said.
During the reporting period, the production of gasoline increased by nine percent, kerosene - by four percent, lubricants - by 2.5 percent, polypropylene - 0.4 percent, petroleum coke - 0.4 percent, petroleum bitumen - 18.4 percent.
Turkmenistan plans to bring the capacity of the oil refining industry up to 20 million metric tons of oil in 2020, up to 22 million metric tons in 2025 and up to 30 million metric tons in 2030.
At present, the country annually produces about 10 million metric tons of oil, most of which is processed at local enterprises.