News

IDB allocates 700 million US dollars to Finance the construction of TAPI gas pipeline

State Bank for foreign economic Affairs of Turkmenistan signed with Islamic development Bank an agreement to Finance the TAPI project for a total amount of 700 million U.S. dollars. As reported today in the State Bank for foreign economic Affairs of Turkmenistan, the event was held on 8 October 2016 in Washington, DC (USA) during the...

In the Cultural and Business Centre of oil and gas Complex held a forum dedicated to the 25th anniversary of Turkmenistan's independence

Today, the Ashgabat Cultural and Business center of oil and gas complex of Turkmenistan hosted a forum dedicated to the 25th anniversary of independence of Turkmenistan "Oil, gas - my wealth and treasure, Independence my wings and eternal property!" This forum was organized by the State Concern "Türkmennebit" and  closed JSC "Nebitgazhyzmat". In the framework of...

The OPEC expects fast recovery of balance in the oil market

The OPEC expects that its decisions will promote faster stock reduction of oil in storages and recovery of balance between the demand and supply in the market, the Secretary General of the organization Muhammad Barkindo told during the performance on the XXIII World energy congress in Istanbul on Wednesday, reports the Azerbaijani news agency "Trend". The...

The oil and gas industry participated in the Exhibition of economic achievements of Turkmenistan

At the Exhibition of economic achievements of Turkmenistan was opened in the exhibition centre of the chamber of Commerce, and devoted to the 25 th anniversary of the independence of the country, clearly demonstrated a broad range of opportunities for all sectors of the national economy. Large-scale exhibition acquaints visitors with the achievements of such sectors...

Tatarstan wants to give momentum to the development of trade-economic relations with Turkmenistan – Rustam Minnikhanov

As the press service of the Head of Tatarstan on the official website of the government of the Russian region, Tatarstan President Rustam Minnikhanov said at a meeting in Ashgabat with Turkmenistan President Gurbanguly Berdimuhamedov, during which they discussed the issues of bilateral cooperation. In particular, emphasizes a press-service, according to Rustam Minnikhanov, Tatarstan is ready...

Turkey intends to become a hub for gas from Russia, Turkmenistan, the Middle East, Azerbaijan

Turkey expects to become a hub for supply of gas from Russia, Turkmenistan, Azerbaijan, the Middle East, declare the Turkish authorities, INTERFAX reports from Istanbul, where the World power congress has taken place. As news agency notes, the president of Turkey Recep Erdogan during the World energy forum has reminded that now through Turkey the TANAP...

Turkmenistan and Tatarstan intends to increase trade and economic cooperation

An impressive capacity for trade and economic cooperation and increase bilateral trade turnover was noted at the meeting in Ashgabat President of Turkmenistan Gurbanguly Berdimuhamedov and President of Tatarstan of Russian Federation Rustam Minnikhanov, who had arrived with a working visit to Ashgabat. During the meeting it was emphasized that prospects for enhancing partnerships will be...

Turkmenistan continues to develop the production of electricity using natural gas

Currently, in the southern part of Ashgabat at a high rate of continuing the construction of the transformer substation "Dagly" that 27 September was attended by President Gurbanguly Berdimuhamedov with the aim of familiarization with the construction process. This substation is equipped with equipment from leading manufacturers, along with stations "Gurtly", "Abadan", "Olimp", "Aşgabat" is...

Workers of the oil and gas complex have participated in a national community work day

On Saturday under the leadership of the President Gurbanguly Berdimuhamedov in all corners of our country an autumn greening campaign started. In this important action in the capital of Turkmenistan, the head of state participated by planting the first tree. Heads of branches of the country, representatives of public organizations, honourable foreign guests, representatives of the...

Financial news of the last week

For foreign currency businessmen from the United Arab Emirates, Afghanistan and others purchased hydrotreated diesel fuel, jet fuel, diesel fuel produced at the Turkmenbashi Complex of oil refineries. Businessmen from the UAE, Afghanistan, Panama, etc. also purchased heavy vacuum gas oil and diesel fuel produced at the Seidi Refinery. Foreign currency realized dyed terry products, cotton yarn,...

A Meeting Of The Cabinet Of Ministers Of Turkmenistan

October 7, President Gurbanguly Berdimuhamedov chaired a regular Cabinet meeting, on which discussed issues of implementation of State programs and adopted a number of documents. During the meeting there was information about participation of the delegation of our country in the international conference "Cooperation for prosperity and peace", held on October 4-5 in the capital of...

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