Turkmenistan sees growth in oil production
Ashgabat, Turkmenistan, July 14
By Huseyn Hasanov- Trend:
Oil production in Turkmenistan has increased by 7.8 percent in Jan.-June 2015, compared to the same period of 2014, the country's Ministry of Oil and Gas Industry and Mineral Resources said July 13.
Positive changes have been observed in many spheres of economy in H1 of 2015, according to the ministry.
During the reporting period, gasoline production has increased by 1.1 percent, kerosene - 0.2 percent, oil bitumen - 19.8 percent, petroleum coke - 0.2 percent, liquefied gas - 0.5 percent, polypropylene - 0.2 percent.
Turkmenistan plans to bring the capacity of the refining industry to 20 million metric tons of oil by 2020, 22 million metric tons by 2025 and 30 million metric tons by 2030.
Currently, the country produces around 10 million metric tons of oil per year and the significant part of this fuel is sent for refining at local enterprises.
Edited by SI