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‘Turkmennebit’ and ‘Tatneft’ will sign an additional agreement on cooperation at the ‘Goturdepe’ field

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18 January 2022

The state concern ‘Turkmennebit’ will conclude with the company "Tatneft" (Republic of Tatarstan of the Russian Federation) an additional agreement for the provision of services aimed at increasing the flow rate of oil wells at the ‘Goturdepe’ field.

This was reported by Deputy Chairman of the Cabinet of Ministers Shahym Abdrakhmanov at a government meeting held by President Gurbanguly Berdimuhamedov on a digital system last Friday.

The Vice Premier also reported on the work carried out by the ‘Turkmennebit’ State Concern to increase the productivity of oil wells.

Sh. Abdrakhmanov noted that negotiations have been held to conclude an additional agreement to the agreement between ‘Turkmennebit’ and ‘Tatneft’ on the provision of services to increase the flow rate of oil wells at the Goturdepe field. Relevant agreements have been reached in this direction.

After listening to the report, President Gurbanguly Berdimuhamedov emphasized that ensuring the productive work of the oil and gas complex is directly related to the modernization of its infrastructure and increase in production capacity, the introduction of scientific achievements and innovative technologies.

The President emphasized that ensuring the efficient operation of the oil and gas sector is directly related to the modernization of its structure and increase of production capacity, the introduction of scientific achievements and innovative technologies.

The partnership in the field of oil and gas production between the State Concern ‘Turkmennebit’ and the company ‘Tatneft’ at the ‘Goturdepe’ field has been developing for more than 13 years and is enshrined in the relevant Agreement between Tatarstan and Turkmenistan dated June 28, 2008. After the work carried out on the wells of the ‘Goturdepenebit’ oil and gas production department, the Turkmen oil workers, together with their colleagues from ‘Tatneft’, achieved an increase in their non-repair service life by 6 times. Hundreds of thousands of tons of additional oil have been received.