News Archive ()

Oil becomes cheaper on record production data in the US

World oil prices decline on Friday morning, reacting to the statistics for the record production levels in the United States, reports Prime with reference to the auction. August futures for the North sea oil mixture of Brent fell by 0.1% — to 77.48 dollars per barrel, July futures for WTI oil — by 0.24%, to 66.88...

Square Tajibay are actively investigated

The expedition's experts "Lebapnebitgazgozleg" of the trust "Turkmennebitgazgurlushik" of the State Corporation "Turkmengeology" are actively working on the newly opened square Tajibay. The new field is located near the natural gas-rich Malay field in the Lebap region. Upon completion of preliminary exploration work at the new field, the expedition workers began drilling the first exploration well. To...

Cooperation OPEC+ must be expanded, Mohammed Barkindo

Cooperation between OPEC+ countries should be expanded for the sake of sustainable stability in the oil market. This was stated by OPEC General Secretary Mohammed Barkindo at the opening ceremony of the "southern gas corridor" in Baku. "OPEC is ready to consider any possibilities for expanding cooperation with Azerbaijan. I think that the cooperation of OPEC+...

The United States strongly supports the project "southern gas corridor" - Sandra Oudkirk

The United States strongly supports the project "southern gas corridor" from the beginning of its implementation, being aware of the key role of this corridor in the diversification of energy supply routes to Europe. According to Trend, the adviser to the us assistant Secretary of state for energy diplomacy Sandra Oudkirk said speaking on Tuesday...

Construction of the TAPI gas pipeline is in full swing

The TAPI gas pipeline project continues to pick up speed in accordance with the schedules and plans to launch the first Turkmen natural gas supplies to South Asia in 2019. The topic of TAPI was widely considered during the IX international gas Congress, which ended last week in the NTZ "Avaza". In the near future, Turkmenistan...

Oil prices continue to fall: Brent- $ 75.09 per barrel, WTI - $66.22

July futures for Brent crude oil fell by $1.35 (1.8%) to $75.09 per barrel by 7:51 GMT on May 28. This is evidenced by the auction data. Quotes of the July contract for WTI oil fell by $ 1.66 (2.45%) and amounted to $66.22 per barrel, Finmarket reports. As a result of trading on May 25, the...

Oil products and carbamide are in the top of the stock trading

Last week, 42 transactions were registered at the trading of the sState commodity exchange of Turkmenistan. For foreign currency, entrepreneurs from Russia, the United Arab Emirates, Switzerland, Turkey, Afghanistan, Tajikistan and others purchased gasoline, kerosene, technical, diesel fuel, polypropylene produced at the Turkmenbashi complex of oil refineries. Businessmen from Afghanistan also purchased gasoline produced at the...

Oil prices slightly decline: Brent - $78.67 per barrel, WTI - $70,65

July futures for Brent crude oil fell by 12 cents (0.15%) to $78.67 per barrel by 7:47 GMT on May 25. This is evidenced by the auction data. Quotes of the July contract for WTI oil decreased by 6 cents (0.1%) and amounted to $70,65 per barrel, Finmarket reports. Oil prices on May 24 fell for the...

The new project may increase gas exports of Turkmenistan by 60 billion cubic meters per year

A new investment project aimed at increasing the export of Turkmen "blue fuel" to 60 billion cubic meters per year was presented at the IX international gas Congress of Turkmenistan by Kazakhstan consulting company "KDA International". This was reported by the Media news Agency-Turkmen ORIENT. To date, the project has developed three variants of the pipeline...

The President of Turkmenistan addressed the participants of the international gas Congress

“I congratulate you on the start of The international gas Congress, held for the ninth time in Independent Neutral Turkmenistan, and wish you good health and success in the work of the forum”, - President Gurbanguly Berdimuhamedov said in his welcoming speech. Occupying one of the leading places in the world in terms of hydrocarbon reserves,...

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