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"Türkmennebit" demonstrates consistent growth in the oil industry

April 07, 2025 | 13:55 |3906
The state concern "Türkmennebit" occupies a key place in the country's fuel and energy systemThe state concern "Türkmennebit" occupies a key place in the country's fuel and energy system
Source: orient.tm

The State Concern "Türkmennebit" is demonstrating consistent growth in its performance indicators, making a significant contribution to the development of Turkmenistan's oil sector. This was reported by Deputy Chairman of the Cabinet of Ministers B. Amanov at a government meeting, where he announced the results of the supervised sector's activities for January–March 2025.

During the reporting period, the oil production plan was overfulfilled, reaching 107.1 percent. This result attests to the efficiency of the concern's operations and the implementation of modern technologies aimed at increasing productivity. High performance was also achieved in the area of oil refining, with the plan fulfilled at 107.1 percent. Gasoline production amounted to 102 percent of the planned volume, diesel fuel to 100.8 percent, polypropylene to 100.1 percent, and lubricating oils to 100.4 percent.

The State Concern "Türkmennebit" holds a key position in the country's fuel and energy system. It not only ensures the stable extraction of hydrocarbon resources but also actively develops the refining infrastructure, contributing to the strengthening of Turkmenistan's export potential.

The Turkmenbashy Complex of Oil Refineries (TCOR) is also one of the strategically important facilities contributing to the development of the industry. The enterprise actively participates in the implementation of tasks related to the deep processing of oil and the expansion of the range of products manufactured. Modern technological solutions are being implemented here, which allows for an increase in the quality of fuel, polymers, and other types of products in demand in both domestic and foreign markets.

Earlier, we also reported that "Goturdepenebit's" contribution to Turkmenistan's oil production continues to grow

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