Presidential Directive push on energy, chemical, textile and construction sectors
The president of Turkmenistan, Serdar Berdimuhamedov, ordered state bodies to evaluate the capacities and potential of key sectors to boost profits. The focus areas include oil and gas, chemical production, textiles, and construction, with an emphasis on turning capacity into greater economic output. This directive reflects a broader government effort to strengthen industrial performance and GDP growth through careful assessment, planning, and targeted investment. [Citation: Neutral Turkmenistan]
At a recent government meeting, Deputy Prime Minister Shahym Abdrakhmanov, who oversees the oil and gas portfolio, reported on current performance. Wooded by the latest figures, Turkmenneft met its oil production plan for January through August 2022 at 100.7 percent, while oil refining reached 111 percent of the target. The update highlights a robust domestic energy sector trajectory during that period. These results are presented as part of a larger strategy to maintain steady growth in energy output while ensuring efficiency in processing facilities. [Citation: Neutral Turkmenistan]
Additional data presented at the meeting showed gas production achieving 114.3 percent of the plan, with gas supply running 124.3 percent of the target for the same timeframe. The leadership stressed the importance of preserving these gains and implementing measures to sustain GDP expansion. The information underscores a policy orientation toward reinforcing energy security, expanding export readiness, and supporting downstream industries that benefit from a stable gas and oil base. [Citation: Neutral Turkmenistan]
Earlier reports from Nebit-Gaz noted the Sherepli gas field in southeastern Turkmenistan delivering an industrial natural gas flow. The publication also indicated ongoing exploration activities in two new fields, Kelleli and Yylan, signaling continued expansion in the country’s gas resource base. These developments fit into a broader narrative of leveraging natural resources to drive industrial growth and modernization across several sectors. [Citation: Neutral Turkmenistan]