It was in charge of regulating activities in the oil and gas industry, petrochemical production, and transportation of hydrocarbons.
The structure of this ministry included the State Agency for Management and Use of Hydrocarbon Resources under the President of Turkmenistan.
[1][2] The functions of the former ministry and state agency were divided between the deputy chairman for oil and gas of the Government of Turkmenistan and two state corporations (concerns), Turkmengaz and Türkmennebit, both of which report to the deputy chairman.
In 1996, it was transformed into the Ministry of Oil and Gas Industry and Mineral Resources.
[5] That July, it was abolished, with the distribution of functions of the ministry going to the Cabinet of Ministers.