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Company of Turkmenistan’s SC announces volume of oil produced last year

Oil&Gas Materials 26 January 2021 16:15
Company of Turkmenistan’s SC announces volume of oil produced last year

BAKU, Azerbaijan, January 26

By Jeila Aliyeva - Trend:

Goturdepenebit Oil and Gas Production Enterprise of Turkmenistan’s Tukmennebit State Concern’s Nebitgazçykaryş company produced more than 1.3 million tons of oil from existing wells in 2020, Trend reports with reference to Business Turkmenistan information portal.

The above-mentioned volume is 6 percent more than in 2019.

Currently, the volume of oil at the Goturdepenebit field is about 4,000 tons per day.

All oil production facilities are equipped with modern technologies and equipment.

Turkmenistan has exceeded expectations of oil and gas condensate production from January through November 2020.

The estimates of oil and gas condensate production were exceeded by 0.6 percent, oil refining – by 2.1 percent, gasoline production – by 3.9 percent, diesel fuel production – by 5.4 percent.

Also, the plan for natural and associated gas production was exceeded by 0.4 percent, gas exports – 0.2 percent, and investment development - by 6.2 percent.

Thus, the growth rate of liquefied gas production from January through November 2020, compared to the same period last year was 22.4 percent.

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Follow the author on Twitter: @JeilaAliyeva

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