News Archive ()

Turkmenistan will participate in a meeting of OPEC+ cooperation on November 30 in Vienna

The Minister of Energy of the Russian Federation Alexander Novak, the deputy prime minister of Uzbekistan Alisher Sultanov, the Minister of Energy, the industry and mineral resources of Saudi Arabia Khalid al-Falikh, the Minister of Energy of Kazakhstan Kanat Bozumbayev at a meeting in Tashkent discussed a situation in the oil market, INTERFAX reports. ​As it is said...

Oil reached a two-year maximum after arrest of the Saudi princes

Following the results of the biddings on Monday, November 6, the cost of the January contract for Brent crude oil at the ICE Futures exchange in London flew up for $2,20 (3,54%) and constituted $64,27 for barrel, the Russian AII agency reports. The November futures for WTI on the New York Mercantile Exchange of NYMEX jumped up...

The former secretary general of OPEC told about the future of oil prices

The tendency of increase in prices for oil to values which were not observed since 2015 will remain as the demand and supply of crude oil recovered the balance, the former secretary general of OPEC René Ortiz said. "Demand growth — is already a tendency, it is noticeable that economic recovery of the European Union and...

"Turkmengeology" plans to increase inventories of oil and gas due to search and investigation of deep-laying high-perspective deposits

Now in Turkmenistan hundreds of millions tons of oil and several trillion cubic meters of natural gas are reconnoitered. It was said by Shakhym Abdrakhmanov, the chairman of the State Corporation "Turkmengeology" at the 22nd International conference "Oil and Gas of Turkmenistan — 2017" held in Ashgabat last week.   According to the chairman of "Turkmengeology", these amounts will...

China became the largest importer of the Turkmen natural gas, - CNPC

Since the end of 2009 when the gas pipeline of Turkmenistan-Uzbekistan-Kazakhstan-China was put into operation, and till present more than 184 billion cubic meters of natural gas arrived to Celestial Empire. It was said by Li Shulyan, the CEO of "CNPC International Turkmenistan" at the International forum "Oil and Gas of Turkmenistan — 2017" which took...

Financial news of the last week

Last week at the biddings of the State commodity and raw exchange of Turkmenistan 38 transactions were registered. For foreign currency entrepreneurs from UK and other countries purchased hydro-purified diesel fuel made at the Turkmenbashi complex of oil refineries.  In addition for foreign currency terry products, cotton yarn and cotton-fiber were realized. The buyer countries: Russia, UAE, and...

International forum "Oil and Gas of Turkmenistan" is the effective platform for discussion of the TAPI project" - Adzhmal Ahmadi

"I am the senior adviser to the President of Afghanistan concerning economy, bank and financial affairs. It is already my second participation in this forum as the representative of Afghanistan. For me is a great honor to participate in such large-scale action. The XXII International forum "Oil and Gas of Turkmenistan" is the effective platform for open...

The results of work of energy industry in 10 months 2017 were summed up

Today in the central building of the oil and gas complex of Turkmenistan the reporting meeting under the chairmanship of the vice-chairman of Cabinet council Maksata Babayev, on which results of work of the entities of the industry for last 10 months 2017 were discussed, took place. During the meeting with detailed reports about the performed...

The TAPI project became the central theme of the second day of the "Oil and Gas of Turkmenistan 2017" conference

Today the international conference "Oil and Gas of Turkmenistan 2017" continued the work. This day its participants discussed the issues connected with technological innovations, international experience of oil and gas companies, attraction of foreign investments and international cooperation of a domestic oil and gas industry with focus on investigation, production and conversion of hydrocarbon resources. As...

The Russian JSC "UEC-Gas Turbines" at the "Oil and Gas of Turkmenistan 2017" exhibition acquaints with the latest developments

At the "Oil and Gas of Turkmenistan 2017" exhibition which is taking place in Ashgabat on November 2-4, 2017 the United Engine Corporation (the UEC, is included into Rostec State corporation) shows to the Turkmen partners the last developments in the field of gas-turbine installations and aggregates for transfer of gas and power generation. - Turkmenistan...

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