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Major projects will be implemented in Turkmenistan's oil and gas sector in 2026
At an expanded meeting of the Cabinet of Ministers of Turkmenistan on February 13, President Serdar Berdimuhamedov signed and approved the "Program for Socioeconomic Development and Investment Program of Turkmenistan for 2026" and emphasized the need to carry out relevant work to successfully implement the objectives outlined in the Program for 2026. This important document outlines the objectives for the current year: ensuring the country's socioeconomic development, pursuing an active investment policy, introducing modern digital technologies in the industry, creating new jobs, and further improving the standard of living. This year, high indicators will be achieved in all regions of the country and sectors of the economy.
According to the Program, in 2026, Turkmenistan's oil and gas industry will place particular emphasis on the construction of the Serhetabat-Herat section, known as "Arkadagyň ak ýoly," which is part of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project. Drilling of production wells for the first stage of the Galkynysh gas field will continue. Furthermore, exploration and deep-well drilling are planned to identify new oil and gas deposits and increase their reserves in the country.
The 2026 Program was prepared based on the successful completion of the objectives outlined in the "Socio-Economic Development Program of Turkmenistan for 2022–2052" and is based on state budget indicators, production and financial plans, and planned activities. In accordance with this plan, it is planned that, thanks to the comprehensive development of the economy, macroeconomic indicators will grow steadily, and the growth rate of Turkmenistan's gross domestic product in 2026 will be no less than 6.3%.
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