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State Concern "Turkmennebit" Authorized to Conclude a Contract with Petronas
18 Jun. 09:56The President of Turkmenistan signed a relevant Decree aimed at implementing the tasks set for the oil and gas sector and efficiently developing the licensed blocks in the Turkmen sector of the Caspian Sea, in accordance with the Law of Turkmenistan "On Hydrocarbon Resources."
According to the document, the State Concern "Turkmennebit" is authorized to conclude an agreement between the Malaysian company PETRONAS Carigali (Turkmenistan) Sdn. Bhd. and the "Hazarnebit" State Enterprise of the concern for the development of licensed blocks located within the Turkmen sector of the Caspian Sea.


Specialists at the International Science and Technology Park of the Academy of Sciences of Turkmenistan, led by Durdymyrat Gadamov and Altyn Rahmanova, have developed a new-generation bio-agent designed to neutralize soil methane emissions. The solution utilizes local bacteria adapted to the regional climate, which harness methane monooxygenase to convert methane into carbon dioxide and water.
Methane is a major contributor to global warming, with a heat-trapping capacity in the atmosphere significantly higher than that of carbon dioxide. The newly developed bio-agent features high efficiency in industrially congested areas, cost-effectiveness through the use of local raw materials, and complete safety for human health and the environment.
This scientific breakthrough aligns with Turkmenistan's sustainable development strategy, supporting its commitments under the Global Methane Pledge to enhance environmental oversight in the energy sector.