News Archive ()

Thanks to Turkmen gas, China reduces coal consumption - CNPC

The growing import of Turkmen gas from the Amudarya deposit in China will mitigate the current gas deficit in the country, Chinese media reported with reference to China National Petroleum Corp. (CNPC). According to data for mid-December, 101 gas wells and two gas processing stations in this block allowed to increase the daily volume of imported...

EBRD is considering the allocation of 500 million euros for TAP

The European Bank for Reconstruction and Development (EBRD) is considering a loan of 500 million euros for the Trans-Adriatic Pipeline (TAP) project, the EBRD said. According to Trend, the EBRD has already considered the concept of the project and now it is necessary to conduct a final review of the project. The beneficiary of the...

The countries of OPEC+ in November fulfilled the agreement by 122%

The countries participating in the agreement on the reduction of oil production (OPEC+) fulfilled the plan in November by 122%. This was reported by the Minister of Petroleum, Water Resources and Electricity of Kuwait Bakhit al-Rashidi, the Russian agency API notes.  According to the results of October, this indicator was 116%, TASS said. OPEC and a number...

In Turkmenistan, the memory of the first president was honored and the museum of Saparmurat Niyazov was opened

The day before, Turkmenistan commemorated the first President of the country, Saparmurat Niyazov, and opened a museum in which materials and documents dedicated to his life and work were collected. The events were attended by President Gurbanguly Berdimuhamedov, vice-chairmen of the Cabinet of Ministers, heads of military and law enforcement agencies, ministries and departments, mass media,...

The President of Turkmenistan discussed with the business community of the UAE priority areas of cooperation

President of Turkmenistan Gurbanguly Berdimuhamedov received a representative delegation of the UAE headed by the Minister of foreign Affairs and international cooperation Sheikh Abdullah bin Zayed al Nahyan, who arrived in Ashgabat to participate in the second meeting of the Joint Committee on cooperation between the two countries. Part of the UAE delegation also included Minister...

In the Etrap of Koitendag, a new filling station starts to work

In the city of Magdanly, etrap Koytendag of Lebap region, a new filling station was put into operation. The filling station, equipped with the most advanced equipment of the world's leading manufacturers, was erected by specialists of the Lebap department of the repair and construction department, standing on the economic balance at the Main Directorate...

Oil prices continue to rise: Brent - $ 63.88 per barrel, WTI - $ 57.72

February futures for Brent crude increased by 8 cents (0.1%) - to $ 63.88 per barrel on the morning of December 20. Quotes of the February contract for oil WTI went up by 28 cents (0.3%) and constituted $ 57.72 per barrel, the Russian agency API reports. Oil prices on December 19 rose in anticipation of data from...

The EU considers the Trans-Caspian pipeline as an additional element of the SGC

For the European Union, the Trans-Caspian pipeline project, which provides for the transport of gas from Central Asia to the European market, is an important additional element of the Southern Gas Corridor project. This was stated to Trend by Bernd Birvert  Deputy Head of the Cabinet of the European Commission Vice-President for Energy Union Maros Shefovich,...

In Ashgabat the first shop of licensed literature of the University of Cambridge was opened

In order to introduce modern methods of studying foreign languages, the individual enterprise "Dalchin" signed a cooperation agreement with Cambridge University. This allowed the Turkmen company to become the first official distributor of educational materials of this leading educational institution in the UK.   As a result of the partnership in Ashgabat, the first in Turkmenistan shop...

Oil prices grow: Brent - $63,39 for barrel, WTI - $57,41

February futures for Brent crude oil by 8:22 Moscow time on December 18 increased by 16 cents (0,25%) - to $63,39 for barrel. The quotations of the January contract for WTI crude oil rose in price on 11 cents (0,2%) and made $57,41 for barrel, the Russian API agency reports. Following the results of the biddings on...

2014