BAKU, Azerbaijan, November 30
By Jeila Aliyeva - Trend:
Eni energy company showed Turkmenistan’s oil review in its “World Oil Review 2020”, Trend reports with reference to the review.
According to the review, Turkmenistan’s oil reserves were stable at the level of 600 million barrels in 2010 through 2019.
Meanwhile, the review shows instability in Turkmenistan’s oil production. Thus, Turkmenistan’s oil production was 268,000 barrels per day in 2015, 247,000 barrels per day – in 2016, 232,000 barrels per day – in 2017, 219,000 barrels per day - in 2018, 223,000 barrels per day - in 2019.
The review also shows that’s Turkmenistan’s oil consumption was growing. In particular, Turkmenistan’s oil consumption amounted to 151,000 barrels per day in 2015, 149,000 barrels per day – in 2016, 150,000 barrels per day – in 2017, 157,000 barrels per day – in 2018, 165,000 barrels per day – in 2019.
“COVID-19 pandemic represents the biggest shock to the global economy and energy industry in more than 7 decades,” says the report.
Turkmenistan is investing heavily in the modernization and diversification of the oil and gas industry, the widespread introduction of advanced technologies that ensure deep processing of hydrocarbons, and the equipping of enterprises with modern equipment and equipment.
At the same time, the use of innovative technologies in the oil and gas industry allows for the manufacture of high-quality petroleum products and gas chemical products with improved environmental characteristics that meet international norms and standards and reduce the level of harmful emissions into the environment.
The range of measures implemented in the oil and gas sector also includes the use of modern methods for controlling the number of pollutants released, automatic systems for detecting leaks and omissions on main oil and gas pipelines, in gas distribution networks, efficient utilization of associated gases in oil fields and production waste, and others.
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