BAKU, Azerbaijan, August 24. Turkmennebit State Concern of Turkmenistan exceeded the oil production plan from January through July 2022, Trend reports via “Business Turkmenistan” news agency.
During the reporting period, the state concern produced 2.12 million tons of oil. The production plan was fulfilled by 101.1 percent.
Due to the effective use of modern technologies in the rich fields of the western region of Turkmenistan, drilling operations were successfully completed and 5 production wells were commissioned from January through July of this year.
Furthermore, in the first 7 months of this year, specialists of the drilling operations departments of the Nebitgazburavlayysh association of Turkmennebit State Concern developed and commissioned 20 wells, of which 19 are currently operational.
A resolution was signed in February this year on investing more than 250 million Turkmen manat ($71.4 million) in the Turkmennebit State Concern.