News Archive ()

In Ashgabat approaches to cooperation increase of the Caspian states were approved

The international conference "The Peace, Stability and International Cooperation in the Caspian Region" took place the day before on Wednesday in Ashgabat with participation of representatives of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan. As organizers of the forum the Ministry of Foreign Affairs and the State entity concerning the Caspian Sea in case of the...

Iran will support prolongation of the transaction of OPEC+ until the end of 2018

Iran will support prolongation of the transaction of OPEC and a number of the countries which are not entering into the organization for reducing oil extraction until the end of 2018. It was said by the deputy minister of oil of Iran Amir Zamaniniya at the Oil and Money conference. "Yes, we will support", - the...

Oil rises in price: Brent - $58,24 for barrel, WTI - $51,88

December futures for Brent crude oil by 7:47 Moscow time on October 18 rose 36 cents (0,6%) - up to $58,24 for barrel. The quotations of the November contract for WTI crude oil added 20 cents (0,4%) - to $51,88 for barrel, the Russian agency of oil and gas information reports. Oil prices after the volatile session...

The OPEC reference basket of crudes rose in price on October 16 for 1,1%

The price of the OPEC reference basket of crudes constituted on October 16 55,74 dollars for barrel, that is 0,62 dollars more than an indicator of the last Friday, Trend on Tuesday with reference to shipping conference reports. World oil prices rise Tuesday afternoon on the remaining concern of investors concerning escalation of the conflict in Iraq. As...

Experts of OSCE shared experience of anti-money laundering through offshores

Representatives of the Ministry of Finance, law enforcement and supervisory authorities, a number of commercial banks and other departments of Turkmenistan participated in the seminar on exchange of the best practices in the sphere of counteraction of legalization of income from criminal activities (money laundering) through offshore zones organized by OSCE. It is reported on the website...

Oil continues to rise in price: Brent - $57,79 for barrel, WTI - $51,87

The cost of December futures for Brent oil at the London's ICE Futures Exchange by 8:15 Moscow time on October 16 grew by $0,62 (1,08%) - up to $57,79 for barrel. To closing of the previous session the contract rose in price for $0,92 (1,64%) - up to $57,17 for barrel, the Russian Agency of...

Project cost of "The Southern gas corridor" is specified

Project cost of "The Southern gas corridor" is estimated at 41,5 billion dollars. The head of CJSC "The Southern gas corridor" Avhan Isaev at the International oil summit of Argus 2017 in Baku reported about it. From this amount of financing of 11,8 billion dollars fall to the share of Azerbaijan. From this amount 7,8 billion dollars are...

The Academic forum held with assistance of OSCE is directed to assistance to economic cooperation with Afghanistan

Representatives of government structures, diplomats and also experts of research institutes and economic sectors from the countries of Central, Southern and Southwest Asia participated in the Academic forum organized last week with assistance of OSCE within the Seventh conference of regional economic cooperation on Afghanistan (RECCA VII). It is reported on the website of the...

Financial news of the last week

Last week at the biddings of the State commodity and raw exchange of Turkmenistan 32 transactions were registered. For foreign currency entrepreneurs from Russia, Turkey, Latvia, Pakistan and Kyrgyzstan purchased flannel fabric, cotton yarn and cotton waste, cotton-fiber. Total amount of transactions exceeded 3 million 930 thousand US dollars. For manat funds entrepreneurs from Russia and Pakistan purchased cotton...

The results of work of energy industry for 9 months 2017 are 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 9 months 2017 have been discussed took place. During the meeting with detailed reports about the...

In the oil and gas complex of Turkmenistan the new book of the President Gurbanguly Berdimuhamedov was presented

Today in the second half of day in the central building of the oil and gas complex of Turkmenistan the presentation new book of the President Gurbanguly Berdimuhamedov "Turkmenistan — the Heart of the Great Silk Way" took place. Heads and employees of State concerns "Turkmengas", "Turkmennebit", the State corporation "Turkmengeology", CJSC "Nebitgazkhyzmat" and industry scientific institute...

Egypt will not join the agreement of OPEC+

Egypt does not plan to join the agreement on reducing oil production of OPEC and some other states (OPEC+). The minister of the country Sherif Ismail reported about it, ANI reports. "Egypt will not join the agreement of OPEC  as the country practically exports nothing, and the main part of the extracted raw materials is used at...

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