New official appointed at Turkmenneft state concern
Turkmenistan, Ashgabat, Sept. 25 / Trend H. Hasanov /
The Turkmen president has appointed Rejepgeldi Ilamanov as deputy chairman of the State Concern Turkmennebit (Turkmenneft), an official Turkmen source said on Tuesday.
The state concern's report on the implementation of specific projects was submitted within the oil and gas industry development programme for 2012-2016.
In particular, there was a report on the measures taken to implement the instructions to increase oil production in a field developed by the concern and to introduce modern technologies in the field of oil production.
After hearing the report, President Berdimuhamedov urged those present to intensify efforts to further modernise the oil producing companies of the concern, the Turkmen government said on Tuesday.
"Azerbaijan will continue to support domestic oil companies to become equipped with the most advanced and highly efficient equipment and technology," the president said. "This must bring the appropriate economic return."
Turkmenneft is one of the largest oil and gas enterprises. It has a leading position in the Turkmen economy. It is engaged in oil and gas production, chemical products, drinking and industrial water and bentonite.
The concern also deals with drilling operations and research activities to increase production.
The concern includes eight oil and gas production departments, four control drilling departments, the trust dealing with overhaul of the wells, five transport companies, the union for the chemical production and a scientific research institute.
There is also a repair plant and various enterprises dealing with oil and gas wells, gas collection and transportation, major oil pipelines, geophysical work, as well as a vocational school and six services.
The concern cooperates with various foreign companies to drill oil and gas wells, and to conduct the overhaul required to modernise oil and gas fields equipment and oil pipelines and to construct new pipelines.
Turkmenistan plans to increase oil production to over 20 million tons by 2020, or twice more than the current indices. The national sector of the Caspian Sea and the right bank of the Amu Darya are looking promising.