News

Overhaul of wells provides "Turkmenneft" with additional production of " black gold»

Since the beginning of 2018, the specialists of the state concern "Turkmenneft" have repaired 800 oil wells. In eleven months of this year, more than 660 repaired wells were put into operation, which provided additional production of more than 424 thousand tons of oil. Only in the last two years, thanks to the effective work of...

The President of Turkmenistan approved the construction of TAPI gas pipeline

The implementation of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project (TAPI) was discussed during a video-teleconference held on Monday by President Gurbanguly Berdimuhamedov with the participation of some Deputy Prime Ministers, heads of a number of ministries and departments. Via a live video link to the head of state reported adviser to the President of Turkmenistan on oil...

Oil continues to rise in price: expected growth – to $68 per barrel

On Monday morning, oil continues to rise in price. If in the coming days the growth of oil prices will hold, then experts expect a trend reversal and continued growth to $ 67-68 per barrel. On December 10, the price range for Brent will be at $61-63 per barrel. In the afternoon of December 7, the...

In the capital of Pakistan the implementation of the TAPI gas pipeline was discussed

In Islamabad, was held a public discussion on the topic "Implementation of the TAPI gas pipeline project", organized by the Institute for strategic studies (ISSI). During the meeting, General Director, Chairman of the Board of TAPI Pipeline Company Ltd. Muhammetmurad Amanov presented information on the implementation of this transnational project, according to the media of...

In the top of trading – products of the Turkmenbashi oil refinery and SC "Turkmenchemistry"

43 transactions were registered at the trades of the State commodity exchange of Turkmenistan last week. For foreign currency, entrepreneurs from the UAE, Estonia, Afghanistan and other countries purchased gasoline and diesel fuel produced at the Turkmenbashi complex of oil refineries. Businessmen from the UAE also purchased urea (State concern "Turkmenhimiya"). In addition, vehicles, colorless sheet glass,...

The results of the fuel and energy complex for 11 months of 2018

In the Central building of oil and gas complex of Turkmenistan hosted the meeting under the chairmanship of the Deputy Chairman of the Cabinet of Ministers of Myratgeldy Meredov, and it discussed the results of work of the enterprises of the industry over the past eleven months 2018. During the meeting, presentations were made by State...

THE PRESIDENT OF TURKMENISTAN WENT ON A WORKING VISIT IN SAINT PETERSBURG

On December 6, 2018, President of Turkmenistan Gurbanguly Berdimuhamedov paid a working visit to the Russian Federation, the city of St. Petersburg. This is reported on the website of the Ministry of foreign Affairs of Turkmenistan. In the framework of the working visit is expected to attend the address by the President of Turkmenistan at the...

Oil continues to fall in price: Brent- $ 61.05 per barrel, WTI - $52.34

World oil prices in the morning of December 6 decline after sales on the exchanges of Europe and Asia and in anticipation of OPEC meeting in Vienna. This is evidenced by the auction data. At 7.50 MSK the cost of February futures for the North sea oil mixture of Brent decreased by 0.83% - to $61.05...

Fitch has adjusted the forecast of oil prices until 2020

In 2019, the cost of Brent oil will be $65 per barrel, analysts of the international rating Agency Fitch predict. In 2020, their forecast increased to $ 62.5 from $ 57.5 per barrel. In addition, slightly increased forecast for 2018 - from $72 to $72.5 per barrel. Fitch experts explain the adjustment forecast growing confidence in the...

Oil and gas: facts and figures

The" statistical Bulletin of the world energy 2018 (Annual Statistical Bulletin 2018)", published by OPEC (Organization of petroleum exporting countries), analyzes the changes that have occurred in the world energy market in 2017. As before, Turkmenistan is among the world leaders in proven natural gas reserves, ranking fourth after Russia, Iran and Qatar. In terms of production...

The delegation of Turkmenistan took part in the energy Charter Conference in Romania

The Turkmen delegation took part in the 29th session of the energy Charter Conference in Bucharest. According to the official website of the Ministry of foreign Affairs of Turkmenistan, the session was attended by delegations of the Energy Charter member States, representatives of international organizations, as well as representatives of large energy companies, the public...

During the international tour, the US special representative for Afghanistan will visit Turkmenistan

The US interdepartmental delegation headed by the special representative for Afghanistan, Ambassador Zalmai Khalilzad will visit Pakistan, Afghanistan, Russia, Uzbekistan, Turkmenistan, Belgium, UAE and Qatar from December 2 to 20. This was reported in a press release of the US Department of state. The American envoy responsible for promoting inter-Afghan reconciliation will meet with the Afghan...

Oil rose by 5%: Brent- $62.4 per barrel, WTI - $53.66

On the morning of December 3, world oil prices jumped by 5%. This is evidenced by the auction data. At 7:13 GMT, the cost of February futures on Brent rose by 4.91% to $ 62.4 dollars per barrel. The price of January futures on WTI rose by 5.38% to $ 53.66 dollars per barrel. On December...

The Mejlis of Turkmenistan ratified the Convention on the legal status of the Caspian Sea and the Agreement on cooperation of the Caspian countries

Resolutions on "Ratification of the Convention on the legal status of the Caspian sea" and a number of agreements relating to cooperation in the Caspian sea were adopted at the fourth session of the Mejlis of Turkmenistan of the sixth convocation, held on Saturday. In particular, the Turkmen parliamentarians also adopted resolutions "On ratification of the...

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