News

Yug-Neftegaz Private Limited is actively involved in various social partnership programmes and initiatives to support local communities.

From October 25 to October 27, 2023, the 28th International Conference and Exhibition “Oil and Gas of Turkmenistan - 2023” was held in the capital of Turkmenistan, Ashgabat. Our company acted as a silver sponsor of this prestigious event.

On April 26÷27, 2023, Dubai (UAE) hosted the International Forum on attracting foreign investment in the energy sector of Turkmenistan "Oil and Gas of Turkmenistan - 2023" (the OGT-2023). Our company was a silver sponsor of this prestigious event.

On January 18, 2023, our company started drilling of the Araifa-2 well at the Araifa Exploration Permit Area.

On October 26 ÷ 28, 2022, the 27th International Conference and Exhibition "Oil and Gas of Turkmenistan – 2022" was held in the city of Ashgabat – the capital of Turkmenistan. Our company acted as a Silver Sponsor of this prestigious event.

On April 24, 2022, the National Holiday of the Turkmen Horse was celebrated on a grand scale in Turkmenistan. This holiday embodies the commitment of the People of Turkmenistan to their spiritual roots and unique cultural heritage.

On March 29 and 30, 2022, a two-day international investment forum "Oil and Gas of Turkmenistan - 2022" was held in Ashgabat. The main purpose of this important event was to comprehensively inform potential foreign partners about the possibilities of cooperation and attract foreign investment in the oil and gas industry of Turkmenistan, as well as the exchange of best practices of international companies - market leaders in the region. Yug-Neftegaz Private Limited was the "Silver Partner" of the organizers of this event.

In accordance with the Contract No. T5-8-397, on 10/14/2021, Yug-Neftegaz Private Limited in cooperation with State Conсern «Turkmennebit» successfully completed drilling of the oil well No.327 with a depth of 4,660 m on the North Goturdepe oilfield. The well was put into operation and its oil production rate exceeded 1000 barrels per day.