News Archive ()

The President of Turkmenistan and the Azerbaijani foreign Minister discussed the priorities of bilateral cooperation in the energy sector

President of Turkmenistan Gurbanguly Berdimuhamedov, who is on a working trip to Balkan region, received on Wednesday the foreign Minister of Azerbaijan Elmar Maharram oglu Mammadyarov, who arrived in Turkmenistan at the head of a representative delegation of his country, and also Vice-President of investments and marketing State oil company of Azerbaijan Republic (SOCAR) Elshad...

The Head department of "Turkmennebitonumleri" has received new equipment

The Head department "Turkmennebitonumleri" has received a new modern equipment of the Russian manufacturer KAMAZ. In particular, among the new arrivals Department employees received special vehicles "KAMAZ-65115" with a lifting capacity of 10.5 tons, designed to carry fuel. New equipment will be used for gas stations and other enterprises of the Head Directorate "Turkmennebitonumleri". The arrival of...

Growing demand in China changes the situation on the global gas market

In 2018 the specialists of the largest Chinese oil company CNPC estimate the natural gas demand in China in 258,7 billion cubic meters. Of this amount 153,7 billion cubic meters is produced domestically, and import amounts to 105 billion cubic meters of "blue fuel", news Agency Prime reports. According to the calculations of a number of...

The TAP will satisfy 40% of Bulgarian gas demand

Trans-Adriatic pipeline (TAP), which provides for the transportation of Azerbaijani gas to Europe, will satisfy 40% of demand in Bulgaria. This was announced by the Director of commercial and external relations TAP Ulrike Andres during the European gas conference in Vienna, Trend reports. "TAP and the Southern gas corridor are key steps on the path to...

The President of Turkmenistan addressed the salutatory to the participants of the international exhibition of products and technologies

“Large-scale complex programmes in Turkmenistan are of great interest to foreign partners”. This was stated in the welcoming speech addressed by the President of Turkmenistan to the participants of opened today in Ashgabat the International exhibition of industrial products, equipment and modern technologies. As the head of the state noted, program on the socioeconomic development of...

Oil continues to decline: Brent $68,96 per barrel, WTI - $64,86

The March futures for Brent oil at the London ICE Futures exchange to 8:09 GMT January 30 fell by $0.5 (0,72%) to $68,96 per barrel. At the auction the previous day, the price fell to $1.06 (1.5%) and amounted to $69,46 per barrel. Quotes of WTI oil futures for February on Tuesday morning, declined by $0.7...

The results of the energy sector in 2017 were summed up

Today in the Central building of the oil and gas complex of Turkmenistan the meeting under the chairmanship of the vice-chairman of the Cabinet of Ministers Maksat Babayev was held, and there the results of work of enterprises of the industry in past 2017 were discussed. During the meeting with detailed reports on the work performed...

GDP of Turkmenistan in 2017 rose on 6.5 percent

In 2017, the GDP of Turkmenistan increased by 6.5 percent. This was announced last Friday at the expanded session of the Cabinet of Ministers, which summed up the socio-economic development of Turkmenistan in 2017. Reporting on macroeconomic indicators in 2017, vice-chairman of the Cabinet of Ministers G. Muradov also noted that this indicator in the industrial...

Financial news of the last week

Last week at the State Commodity and Raw materials Exchange of Turkmenistan 29 transactions were registered. For foreign currency entrepreneurs from UK, UAE and Afghanistan purchased J8 fuel and hydro-purified diesel fuel made by Turkmenbashi COR. In addition for foreign currency textile products in assortment, cotton yarn, commercial wool and cotton fiber were realized. The buyer countries:...

The United States intends to contribute to the success of the "Southern gas corridor"

The United States welcomes the opportunity to continue to participate in the annual meeting of the Advisory Council of the "Southern gas corridor", which will take place in Baku on 15 February, Trend reports. "The meeting of the Consultative Council brings together representatives of governments and industry from all over the region, providing a vital opportunity...

Oil prices continue to fall: Brent - $70,17 per barrel, WTI - $65,33

The cost of the March futures for Brent crude on the London ICE Futures exchange to 8:05 GMT on 26th of January fell on $0.25 (0.36%) to $70,17 per barrel. Before the contracts fell on just $0.11 (0.16%) to $70,42 a barrel. Futures price for WTI crude oil for March in electronic trading on the New...

Where the Turkmen gas will be delivered?

Europe has two potential routes for the import of Turkmen energy resources as with the use of existing or newly built pipelines and creation of new pipeline infrastructure. This is written by the senior researcher of the Centre for European, Russian and Eurasian studies of Carleton University and the Canadian Energy Research Institute Robert M....

The issues of Turkmen-British cooperation we’re discussed in London

The delegation of Turkmenistan on behalf of President Gurbanguly Berdimuhamedov, from 21 to 23 January 2018, pays a working visit to London for the next round of bilateral political consultations and participation in the sixth meeting of the Turkmen-British trade and industrial Council reported today on the website of the Ministry of foreign Affairs of...

India expects Turkmenistan's participation in major energy forum

10-12 April 2018, India, China and South Korea together will hold the New Delhi Ministerial meeting International Energy Forum. According to the Indian media, citing official representative of the Ministry of petroleum and natural gas of India Sundjai Sudhir  the one of the possible topics of the agenda of the meeting, which also invited Turkmenistan, will...

2014