News

Azerbaijan plans to increase gas transportation through TANAP in 2019

Azerbaijan plans to increase the transportation of natural gas through the TRANS-Anatolian gas pipeline (TANAP) to 2 billion cubic meters in 2019. Trend reports referring to the Azerbaijani state company SOCAR. It is also reported that the overall implementation of the TANAP project is approaching 99 percent. TANAP, together with another gas pipeline - TRANS - Adriatic...

Turkmenistan is one of the strategic partners of Belarus - Ambassador

Turkmenistan is one of the strategic partners of Belarus, Belarussian Ambassador to Turkmenistan Oleg Tabanyukhov said in an interview with TV channel "Turkmenistan". In particular, the diplomat noted that significant dates are celebrated in January: the 26th anniversary of the establishment of diplomatic relations between the Republic of Belarus and Turkmenistan and the 100th anniversary of...

An extraordinary meeting of OPEC and OPEC+ ministers will be held April 17-18

An extraordinary meeting of OPEC ministers is scheduled for April 17 in Vienna. The next day, April 18, will be a meeting of OPEC and non-OPEC ministers, according to the organization’s website. At the beginning of December 2018, a decision was made to reduce oil production by OPEC and non-OPEC countries by 1.2 million barrels per...

Petroleum products - in the top exchange trading

Last week, 41 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan. For foreign currency, entrepreneurs from the United States, Switzerland, Malta and other countries purchased straight-run gasoline, aviation, technical and lighting kerosene, petroleum coke, base oil produced at the Turkmenbashi complex of oil refineries. Businessmen from Russia and Tajikistan purchased polypropylene...

The President instructed to strengthen work to attract investment in the construction of new industrial facilities in the regions

In Turkmenistan, much has been done for the development of regions, where both foreign and domestic investments are directed, projects of international and regional importance have been implemented and implemented. This was announced by President Gurbanguly Berdimuhamedov on Thursday at a videoconference with the participation of the heads of regions, who reviewed the development of...

Oil prices rise moderately: Brent - $61.77 per barrel, WTI - $52.72

World oil prices on December 18 are rising against the backdrop of OPEC information on the decrease in the extraction of raw materials by the organization’s countries in December 2019. This is evidenced by the data of the auction. At 13.26 Moscow time, the price of March futures for North Sea Brent crude oil mixture grew...

Turkmenistan is among the fastest growing countries in the world

Turkmenistan has become one of the 18 countries of the world, demonstrating steady and rapid growth, as well as advancing the stable dynamics of world economic development. This is evidenced by a study conducted by experts of the McKinsey Global Institute - a division of an international consulting firm. As noted in the study, Turkmenistan was...

The President placed the main emphasis in the preparation of the program of socio-economic development of the country until 2025

Gurbanguly Berdimuhamedov held on the eve of a working meeting with the participation of a number of Vice-premiers, and discussed the preparation of the Program of socio-economic development of the country for the years 2019-2025. Having heard the report on the draft Program for the development of economic, financial and banking systems of Turkmenistan for 2019-2025,...

Turkmenistan and Russia are preparing for high-level meetings

On Wednesday, Moscow hosted the meeting of the Ambassador of Turkmenistan in the Russian Federation Batyr Niyazlyev with Deputy Minister of foreign Affairs of Russia Grigory Karasin.   "During the conversation, current issues of bilateral cooperation were discussed, including preparations for high - level meetings," Interfax reported with reference to the Russian foreign Ministry website....

Turkmenistan and Bahrain discuss priority areas of investment cooperation

Economic and investment cooperation opportunities between Bahrain and Turkmenistan discussed at a meeting of a representative of the chamber of Commerce of Bahrain Mohammed Abdul-Jabbar al-Kooheji with the Ambassador of Turkmenistan Orazmuhammet Charyev, the newspaper "Akhbar al-Khaleej" ("news of the Gulf"). During the meeting, al-Koheji noted the intention of the Chamber to bring bilateral relations in...

In the coming years, China will remain the largest importer of natural gas.

In the coming years, China will remain the world's largest importer of natural gas, experts predict. According to forecasts, by 2020, natural gas consumption in the PRC will increase to 340 billion cubic meters per year, of which own production will amount to 220 billion cubic meters of gas, and imports - 120 billion cubic...

Powerful natural gas inflow obtained at the well of the Galkynysh field

Great success this year, the motto of which is “Turkmenistan - the Motherland of Prosperity”, was achieved by the gas workers of the Türkmnegazburawlaýyş department of the Turkmengas State Concern in developing the giant gas field Galkynysh. A powerful industrial flow of natural gas was obtained at the 262nd well of the field. According to the...

OPEC + Ministerial meeting will be held on April 17-18

OPEC + plans to hold a Ministerial meeting on April 17-18, 2019 in Vienna, OPEC Secretary General Mohammed Barkindo told reporters, reports TASS with reference to Bloomberg. At the upcoming meeting, the terms of the OPEC + deal to reduce production by 1.2 million barrels per day can be updated. The next meeting of the OPEC...

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