News Archive ()

The Seydi oil refinery adjusted export of high-octane gasoline

Since commissioning of the LCh-35-11/1000 catalytic reforming unit at Seydi oil refinery about 100 thousand tons of automobile fuel with high octane rating are made. Installation is intended for receipt of the high-octane component used in production of automobile gasolines.   New installation was put into operation at Seydi oil refinery in May of this year. This...

The consortium of the WTL (FZE) and Westport Trading Europe Limited companies will construct installation of the slowed-down coking in Turkmenistan

The Turkmenbashi complex of oil refineries (TCOR) signed the contract with consortium of the WTL (FZE) and Westport Trading Europe Limited companies from the UAE on a construction of new installation of the slowed-down coking, the Media Turkmen news agency ORIENT reports.  This installation is expected annual production of 416 thousand tons of diesel fuel, 191 thousand tons of oil...

RCPDCA contributes to the peace and agreed decision occurring in the region of questions, - Gurbanguly Berdimuhamedov

The president of Turkmenistan noted great importance activities Regional center UN at preventive diplomacy for Central Asia (RCPDCA), who works in Ashgabat from December 2007. About it, Gurbanguly Berdimuhamedov said in greeting the appeal to the compatriots on the occasion of 10-anniversary from the date of the opening in the capital neutral Turkmenistan, RCPDCA, as...

Afghanistan will annually receive 1 billion U.S. dollars for the transit of natural gas through TAPI

The gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI) will bring to the budget of Afghanistan one billion dollars per year. This was announced at the 7th conference of regional economic cooperation on Afghanistan (RECCAVII), held last week in Ashgabat. According to the information portal Аshgabad.net speaking at the forum, Deputy Prime Minister and foreign Minister of Turkmenistan Rashid Meredov...

Oil is traded in different directions: Brent - $62,58, WTI - $56,61

January futures for Brent crude oil by 8:02 Moscow time on November 20 decreased by 14 cents (0,2%) - up to $62,58 for barrel. The quotations of the December contract for WTI crude oil rose in price for 6 cents (0,1%) and made $56,61 for barrel, AOI reports. Oil prices grew on November 17 on statements...

Financial news of the last week

Last week at the biddings of the State commodity and raw exchange of Turkmenistan 88 transactions were registered. For foreign currency entrepreneurs from China purchased technical sulphur gas made at the Turkmenbashi complex of oil refineries, and businessmen from USA bought technical iodine and potassium iodide produced by the SC "Turkmenchemistry". In addition for foreign currency colored...

Cabinet meeting of Turkmenistan

On November 17 the President of Turkmenistan Gurbanguly Berdimuhamedov held the regular meeting of Cabinet council at which topical issues of domestic policy of the state were discussed and also drafts of separate documents were considered. The vice-chairman of Cabinet council M. Babayev reported on a situation in subordinated spheres and also reported on results of...

Brent crude fell to $61.2 per barrel

On Friday, oil prices reference marks vary slightly frenetic, and finish the week in negative territory for the first time since the beginning of October on weak demand forecasts and growth proposals, reports Interfax news Agency. The price of January futures for Brent crude on the London ICE Futures exchange to 8:13 Moscow time has decreased...

Turkmenistan and Germany discussed a situation in Afghanistan

In Ashgabat the meeting of representatives of the Turkmen government with the special representative of federal government of Germany on Afghanistan and Pakistan Markus Pottsel took place, it is reported on the website of Foreign Ministry of Turkmenistan. As it is noted, the parties discussed the activities of Turkmenistan in energy, transport and economic spheres directed...

The agreement on a transit and transport route of Lapis – Lazuli signed in Ashgabat opens a direct trade way from Asia to Europe

The five-sided Agreement on a transit and transport cooperation on Lapis – Lazuli Route (Lazurite) signed between Afghanistan, Azerbaijan, Georgia, Turkey and Turkmenistan during 7th ministerial Regional Economic Cooperation Conference on Afghanistan (RECCA VII) which took place the day before in Ashgabat.  Speaking about value of this project, the Minister of Foreign Affairs of Afghanistan Salakhuddin Rabbani noted...

2014