News Archive ()

In the first quarter of 2018, Turkmenistan's GDP growth amounted to 6.2 percent

In the first quarter of 2018, Turkmenistan's GDP growth amounted to 6.2 percent. This was reported at the enlarged meeting of the government, which considered the results of the socio-economic development of Turkmenistan for 3 months of 2018. Reporting on macroeconomic indicators for the first quarter of 2018, Deputy Chairman of the Cabinet of Ministers of...

President of Turkmenistan has replaced three Deputy Prime Ministers

President of Turkmenistan Gurbanguly Berdimuhamedov dismissed three Deputy chairmen of the Cabinet of Ministers and appointed three new ones. These decisions were announced by the Head of state at the enlarged meeting of the government on Wednesday, which summed up the socio-economic development of the country for the first quarter of 2018. According to Decrees of...

Oil prices decline after a sharp rise on Tuesday

June futures for Brent crude by 7:52 GMT, April 11 decreased by 30 cents (0.4%) - to $70.74 per barrel. This is evidenced by the auction. Quotes May contract for oil WTI fell by 16 cents (0.2%) and amounted to $65.35 per barrel, "Finmarket" reports. At the end of trading on April 10, the value of the...

Uzbekistan aims to increase trade turnover with Turkmenistan to 500 million dollars

Recently approved by the President of the country "Priority directions of development of foreign policy and foreign economic cooperation with the main foreign partners in the medium term" were announced in Uzbekistan, the news Agency Media-Turkmen ORIENT notes. According to this kind of road map, Tashkent puts its closest neighbors – the countries of Central Asia,...

The surplus of world oil reserves may disappear in two-three months, - IEA

The surplus of world oil reserves may disappear in two-three months. This opinion was expressed by the head of the Department of the oil industry and markets of the International energy Agency (IEA) Neil Atkinson. "Over time, oil reserves began to fall, it becomes clear that the five-year average is within sight," - he said. "It may...

The non-aligned movement supported Turkmenistan's initiatives to implement large-scale infrastructure projects in the field of transport and energy

The participants of the Ministerial conference of the non-aligned Movement, which concluded recently in Baku, welcomed the continuous progress in the implementation of Turkmenistan's initiatives to implement large-scale infrastructure projects in the transport and energy sectors. This was reported on the website of the foreign Ministry of Turkmenistan. The Ministerial conference was attended by representatives of...

TAPI and other regional projects strengthen Pakistan-Afghanistan relations

The construction of the Afghan section of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline, which began at the end of February 2018, creates prerequisites for strengthening regional cooperation, including the development of Pakistan – Afghanistan relations. Recently, the leaders of Afghanistan and Pakistan reaffirmed their commitment to the speedy implementation of regional energy projects TAPI and CASA-1000. The...

Oil prices are rising: Brent - $67.40 per barrel, WTI - $62.35

June futures for Brent crude by 8:06 GMT on 9 April increased by 29 cents (0.4%) - to $67.40 per barrel. Quotes of the May contract for WTI oil increased by 26 cents (0.4%) and amounted to $62.35 per barrel. At the end of trading on April 6, the value of the June contract for Brent...

Financial news of the last week

Last week 21 deals were registered at the auction of the state commodity exchange of Turkmenistan. For foreign currency, entrepreneurs from the United Arab Emirates, Afghanistan, Uzbekistan and other countries purchased motor gasoline, aviation kerosene, diesel fuel, base oil and road bitumen produced at the Turkmenbashi complex of oil refineries, as well as fuel oil of...

Afghanistan proceeds from stabilization to growth

This was stated by Ajmal Ahmadi, Advisor to the President of Afghanistan on economic issues, speaking on the pages of the American political newspaper the Hill, which is published in Washington, according to the news Agency Media-Turkmen ORIENT. Noting that the economy is an important factor in achieving peace and social well-being, Ahmadi outlined the economic...

Will the Turkmen oil return to Makhachkala?

Makhachkala sea trade port (MSTP), thanks to the efforts of the new leadership of Dagestan significantly increases the volume of oil transshipment, according to the news Agency Media-Turkmen ORIENT with reference to the leading Russian Agency for economic information Prime. The main bet there is going to be on the transit of Caspian oil. However, to...

Gurbanguly Berdimuhamedov personal example inspires to do sports

On Thursday, President Gurbanguly Berdimuhamedov together with the leaders of the military and law enforcement agencies of the country, as well as the city of Ashgabat, made an ascent along the Path of Health. The personal example of the head of the state, who is actively engaged in various sports, inspires thousands of Turkmen citizens who...

"Tatneft" and "Turkmennebit" strengthen the partnership

Specialists of the SC "Turkmennebit" were trained in "Tatneft" to improves the skills of workers and specialists of the oil industry, according to the website of"Tatneft". The training is organized within the framework of the development of Russian-Turkmen cooperation in the field of education and science, by which representatives of Turkmenistan receive knowledge and improve their...

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