As part of the new Government of Turkmenistan formation, President Serdar Berdimuhamedov appointed Guvanch Agadzhanov as a Chairman of the State Concern Turkmenneft. Today, the relevant Decree was signed by the Head of State at a meeting dedicated to the appointment of heads of ministries and sectoral departments, the Information Program "Watan" of the Turkmen Television reported.
Previously, Agadzhanov acted as a Deputy Chairman of this Concern. He replaced Guichgeldi Baigeldiev, who held this position as the Head of Turkmenneft from February 2020.
Annually, about ten million tons of oil are produced in the country, Turkmenneft is the main producer. Dragon Oil, Petronas and others are among the foreign companies producing oil in Turkmenistan.
