News

Oil prices rise: Brent - $78.22 per barrel, WTI - $70,86

World oil prices in the morning of July 12 are rising after the day before collapsed by 5-7%. This is evidenced by the auction data. As of 8: 53 GMT, the cost of September futures for the North sea oil mixture Brent grew by 1.8% to 78.22 dollars per barrel, August futures for WTI oil...

President Gurbanguly Berdimuhamedov discussed with the General Director of Tatneft the prospects of their participation in projects in Turkmenistan

President of Turkmenistan Gurbanguly Berdimuhamedov, who is on vacation in Avaza, received General Director of PJSC "Tatneft" (Republic of Tatarstan of the Russian Federation) Nail Maganov. During the meeting, it was confirmed the continued interest of one of the largest Russian oil companies in strengthening cooperation with Turkmenistan on a long-term basis. The Head of Turkmenistan...

In Georgian import of petroleum products Turkmenistan prevails

The largest volume of import of gasoline and diesel fuel in Georgia in June 2018 was carried out from Turkmenistan — 21.1 thousand tons, which is 24.3% of whole import. Further in the list of suppliers follow: Romania, Bulgaria, Russia, Azerbaijan, Greece, Agency MEDIA-TURKMEN ORIENT reports with reference to the edition "Business Georgia". In June this...

The Russian government approved the draft agreement on trade and economic cooperation of the Caspian countries, initiated by Turkmenistan

Russian Prime Minister Dmitry Medvedev signed a decree on the approval by the Russian government of the draft Agreement between the governments of the Caspian States on trade and economic cooperation, INTERFAX reported with reference to the Cabinet website. The report notes that the purpose of the Agreement is the formation of the international legal framework...

Turkmenistan prepares proposals for the upcoming Turkmen-Austrian business forum

This month, the next Turkmen-Austrian business forum will be held in Vienna, where it is planned to discuss the development of trade relations and investment partnership. To this event, the Union of Industrialists and entrepreneurs of Turkmenistan is preparing a package of proposals for its Austrian colleagues, according to the website of the UIET. The forum...

The country's leadership has been provided with two-week vacation

President Gurbanguly Berdimuhamedov has allowed the leadership corps to go on vacation and recommended them to rest in local health resorts. The head of the state said this at the end of the expanded meeting of the government on Thursday, which summed up the results of socio-economic development of Turkmenistan for the first half of...

Oil prices: Brent - $77.47 per barrel, WTI - $74.14

World oil prices are rising on July 9. This is evidenced by the auction data. As of 8:39 Moscow time, the cost of September futures for the North sea oil mixture of Brent rose by 0.47% to 77.47 dollars per barrel, August futures for WTI oil - by 0.43%, to 74.14 dollars per barrel. Last Monday,...

Gurbanguly Berdimuhamedov and Rustam Minnikhanov discussed prospects of development of Turkmenistan-Tatarstan cooperation

The state and prospects of development of the Turkmenistan-Tatarstan cooperation were discussed at the meeting of the President of the Republic of Tatarstan (RF) Rustam Minnikhanov with the President of Turkmenistan Gurbanguly Berdimuhamedov who visited Kazan on July 6. Highly appreciating the level of bilateral relations, Gurbanguly Berdimuhamedov and Rustam Minnikhanov confirmed the commitment of Turkmenistan...

Products of Turkmenbashi complex of oil refineries were in the lead at the auction

Last week, 27 transactions were registered at the trading of the state commodity exchange of Turkmenistan. For foreign currency, entrepreneurs from the United Arab Emirates, Turkey, Afghanistan purchased gasoline, oil road bitumen and diesel fuel produced at the Turkmenbashi complex of oil refineries, as well as gasoline and diesel fuel produced at the Seydi refinery. In...

Macroeconomic indicators show a steady growth of the economy of Turkmenistan

According to the results of the first half of 2018, the GDP growth rate of Turkmenistan amounted to 6.2 percent, the indicators of production in comparison with the same period of 2017 increased by 4.4 percent. The growth rate of retail trade compared to the same period last year - by 19.7 percent. This was...

Since January 1, 2019, the amount of wages, pensions, state grants, scholarships will increase by 10 percent

Since January 1, 2019, Turkmenistan will increase by 10 percent the monthly wages of employees of budget-funded institutions, self-supporting enterprises and public associations, pensions and state benefits, scholarships for pupils and students. The corresponding Decree was signed by President Gurbanguly Berdimuhamedov at the enlarged meeting of the government, which reviewed the results of socio-economic development...

Oil is cheaper after Trump's statements

World oil prices are down Thursday morning after the US President Donald Trump called on OPEC countries to reduce gasoline prices, RIA Novosti reported with reference to the auction. The cost of September futures for the North sea oil mixture of Brent decreased by 0.7% to 77.69 dollars per barrel, August futures for WTI oil by...

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