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Turkmenistan increases production of oil, gas condensate

Oil&Gas Materials 6 November 2020 12:39 (UTC +04:00)
Turkmenistan increases production of oil, gas condensate

BAKU, Azerbaijan, November 6

By Jeila Aliyeva - Trend:

Turkmenistan has exceeded expectations of oil and gas condensate production from January through October 2020, Trend reports with reference to Turkmenistan’s State News Agency.

This was reported during a meeting of the Cabinet of Ministers of Turkmenistan held via videoconference.

The estimates of oil and gas condensate production were exceeded by 1 percent, oil refining – by 2.4 percent, gasoline production – by 7.5 percent, diesel fuel production – by 6.4 percent,

Also, the plan for natural and associated gas production was exceeded by 0.1 percent, gas exports – 0.2 percent, and investment development-by 6.2 percent.

Thus, the growth rate of liquefied gas production from January through October 2020, compared to the same period last year was 23.6 percent.

As reported, from January through September of 2020, the estimates of oil and gas condensate production from January through September of 2020 were exceeded by 1.7 percent, oil refining – by 2.6 percent, gasoline production – by 6.8 percent, diesel fuel production – by 6.9 percent, kerosene production – 0.3, and liquefied gas - 23.6 percent.

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Follow the author on Twitter: @JeilaAliyeva

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