(MENAFN- Trend News Agency) ASHGABAT, Turkmenistan, March 30. Turkmenistan's Turkmennebit State Concern is actively provided witheverything necessary to increase the production of oil and gasdeposits, Trend reports.
According to the official source, this was announced by DeputyChairman of the Government of Turkmenistan Batyr Amanov at ameeting of the Cabinet of Ministers held on March 15 this year.
At the meeting, Amanov, reporting on the state of affairs in thesupervised structures, reported on measures to provide theTurkmennebit State Concern with the necessary products, includingpipe products used in drilling, development, and overhaul of oiland gas wells.
"Under the leadership of the head of state, Turkmenistan isimplementing a comprehensive strategy aimed at diversifying thefuel and energy sector, modernizing its infrastructure, and widelyintroducing innovative methods and advanced technologies intopractice," he said.
He noted that practical steps are being taken in this directionto strengthen the material and technical base of the TurkmennebitState Concern and to increase the efficiency of the work carriedout by its divisions, as provided for in the plan for the currentyear.
Meanwhile, data from the Turkmengaz State Concern indicates thatTurkmenistan's hydrocarbon resources are estimated to exceed 71billion tons of oil equivalent.
This includes over 20 billion tons of oil and more than 50trillion cubic meters of natural gas.
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