News Archive ()

The working Commission on coordination of the implementation of the TAPI gas pipeline project was created

In order to enhance the effective implementation of the gas pipeline Turkmenistan-Afghanistan-Pakistan-India transport corridors and power bridges along the route Turkmenistan-Afghanistan-Pakistan coordination of the relevant work, the President of Turkmenistan signed a Decree on creation of the Working Commission on coordination of implementation of the above projects, approving the Regulation of this Commission and its...

Turkmenistan has increased production and export of oil in 2017

Turkmenistan exported 795,5 thousands of tons of fuel oil in 2017, which is 39.6 per cent more compared with the year 2016. It is reported by the information Agency Media-Turkmen "Orient". However, the elaboration of fuel oil at the Turkmenbashi complex of oil refineries (TCOR) in 2017 amounted to 699 thousand tons, an increase of 20.2...

Turkmenistan will take part in the world exhibition "EXPO-2020" in Dubai

Turkmenistan will present its national pavilion at the world exhibition "EXPO-2020", which will be held in Dubai (UAE) from 20 October 2020 to 10 April 2021 under the slogan "Connecting minds, creating the future". The course of preparation for the participation in the forum was reported by the vice-chairman of the Cabinet of Ministers of...

Oil prices continue to rise: Brent $69.89 per barrel, WTI - $64,47

The March futures for Brent crude by 7:54 Moscow time, on 15 January climbed 2 cents to $of 69.89 per barrel. Quotations of February contracts on WTI oil rose on 17 cents (0.3%) and amounted to $64,47 per barrel, news Agency API reports. At the end of trading on 12 January, the price of the March...

Financial news of the last week

During the first trading session of 2018, last week at the biddings of the State commodity and raw exchange of Turkmenistan 22 transactions were registered. For foreign currency denim products, cotton yarn, cotton fiber, and fittings were realized. The buyer countries: Russia, UAE, Switzerland, Afghanistan, Armenia, Kyrgyzstan and etc. Total amount of transactions made about 31...

China in 2017 increased gas import by 26.9%

China in the end of 2017 increased the import of natural gas by 26.9% in annual terms, to 68.57 million tons. This is stated in the report of the Main Customs Administration of the People's Republic of China. The total cost of purchases amounted to 23.28 billion dollars, which is 41.2% higher than the same indicator...

TAPI project will strengthen energy security in the region, - expert

The Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project will have a positive impact on the integration of infrastructure in South and Central Asia, as this can strengthen energy security for both the supplier and buyers. About this an expert on Central Asia of the University of Glasgow Luke Ancheshi said to Azernews, Trend reports. "The importance of the...

The President of Turkmenistan and the head of the Ministry of Foreign Affairs of Malaysia discussed areas of cooperation

Actual directions of interstate cooperation were discussed at the meeting of the President of Turkmenistan Gurbanguly Berdimuhamedov with the Minister of Foreign Affairs of Malaysia Dato Sri Anifakh Aman. As the diplomat said, Malaysia paid great attention to development of cooperation with Turkmenistan, which was perceived as an important and promising partner. The Turkmen leader, in turn,...

OPEC members don't want Brent prices below 60 dollars, - oil Minister of Iran

OPEC members don't want the price of Brent crude oil exceed $ 60. This was stated by the Minister of oil of Iran Bijan Zanganeh, said the Iran.ru. He noted that members of the Organization of countries-exporters of oil does not tend to increase prices for Brent crude above $ 60 per barrel. "The rally in oil...

Company "PETRONAS Carigali (Turkmenistan) Sdn Bhd" invites again to study in University of Malaysia

Company "PETRONAS Carigali (Turkmenistan) Sdn Bhd" begins the recruitment of students for the 2018-2019 school year for study in University of Technology PETRONAS (Malaysia), for a number of specialties. Among them: mechanical engineering, chemical engineering, technology of oil and gas production, electrical and electronics, Geology and Geophysics, information and computer technology, products, business information. Among the...

Oil prices continue to rise, Brent exceeded $69 per barrel

The March futures for oil Brent at 7:43, Moscow time, on 10 January has increased by 34 per cent (0,5%) to $69,16 per barrel. Brent exceeded $69 for the first time in may 2015, news Agency API reports. Quotations of February contracts on oil WTI rose 50 cents (0.8%) and amounted to $63,46 per barrel, "Finmarket"...

Azerbaijan reported on the implementation of commitments within OPEC+ in 2017

Azerbaijan represented to the monitoring Committee of the OPEC+ data on daily oil production in the country in December, it amounted to 810 thousand barrels against 790,7 thousand barrels in November, thus the country fulfilled its obligations in the framework of the deal in 2017. This was announced by the head of the press service...

The price of WTI oil for the first time since 2014 exceeded $63 per barrel

The price of WTI oil for the first time since December 10, 2014 exceeded $ 63 per barrel after the publication of the forecast of the energy information administration of U.S. Department of energy (EIA), according to which the average price of WTI in 2018 will be 55,33 dollar against 52.77 dollar per barrel in...

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