News

Seydi oil refinery increases production of road bitumen

Specialists of the Seydi Oil Refinery are increasing production volumes that meet high quality standards and environmental requirements. Road bitumen produced at the plant is in great demand from the enterprises of the road construction sector, where high demands are placed on the quality of materials.   The development of technological potential is one of the key...

The results of the fuel and energy complex for 11 months of 2019

A reporting meeting was held in the Central building of the oil and gas complex of Turkmenistan, chaired by the Vice Chairman of the Cabinet of Ministers Myratgeldi Meredov, which discussed the results of the work of industry enterprises in January-November 2019. Turning to the consideration of issues on the agenda, the Vice Prime Minister announced...

The President approved the program for the development of foreign economic activity of Turkmenistan until 2025

By the decree of President Gurbanguly Berdimuhamedov, the Program for the Development of Foreign Economic Activity of Turkmenistan for 2020-2025 was approved. In order to fulfill the tasks arising from the Program, ministries and sectoral departments are required to develop and submit draft sectoral plans in this direction for approval to the respective vice-prime ministers...

Brent spot price to be $63 in 2020, - Goldman Sachs

In 2020, the average spot price of a barrel of Brent oil will be $ 63 - experts at the American Goldman Sachs bank forecast. This was reported on Sunday by Bloomberg, citing a report from a financial institution.   Goldman Sachs adjusted earlier estimates in light of the OPEC + decision to change the terms of...

“Beyik Yupek Yoly” delivered heavy cargo to TCOR

The transportation of heavy bulky cargo from the Turkmenbashi international sea port to the Turkmenbashi complex of oil refineries was successfully completed by the “BeyikYupekYoly” individual enterprise, the website of the Union of Industrialists and Entrepreneurs of Turkmenistan reported.   The cargo - a sectional cooler weighing 111 tons - was shipped from Germany by order of...

Oil and gas industry: specialists upgrade qualifications

The development of the oil and gas complex is strategically important for our country, the requirements for the level of education of specialists and managers are high, and work in the field of field development, production and marketing of oil and gas opens up many prospects for professional growth for everyone who is interested in...

The state budget of Turkmenistan - 2020 approved with a surplus

President Gurbanguly Berdimuhamedov signed the law on the State Budget of Turkmenistan for 2020, according to which the revenue side of the budget was approved in the amount of 84 billion 391.7 million manats and the expenditure in the amount of 84 billion 291.7 million manats. Thus, budget revenues exceed expenses by 100 million manat.   The...

OPEC + is betting on the end of the shale “golden age” in the United States

In the United States, in 2020, there will be a decrease in the growth rate of shale oil production. This statement by the Ministers of OPEC+ is given in the material published on Monday by Bloomberg, reports TASS.   According to his sources, the participants of this week's Ministerial meeting of OPEC+ "will discuss the possibility of...

The Foreign Ministries of Turkmenistan and the Russian Federation noted the possibility of building partnerships in the energy, transport and other fields

A wide range of issues on bilateral cooperation within the CIS and international organizations, including on the agenda of the 74th and 75th sessions of the UN General Assembly, as well as on foreign policy planning, were discussed at the foreign Ministry consultations held between the delegations of Turkmenistan and Russia. This is reported by...

Russia became the second largest pipeline gas supplier to China

On Monday, December 2, “Gazprom” began exporting natural gas to China via the eastern route. The start of the supply of "blue fuel" to the PRC via the Power of Siberia pipeline was given via teleconference by Russian President Vladimir Putin and Chinese President Xi Jinping. “Gazprom” and China's CNPC signed a 30-year contract for the...

Pakistan takes steps to accelerate TAPI gas pipeline construction

The Ministry of Energy of Pakistan is taking appropriate measures to accelerate work on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. This was stated by Pakistan’s federal economy minister Hammad Azhar at a meeting with Turkmenistan’s ambassador Atajan Movlamov last week, Pakistani media reported.   According to the Pakistani side, the export of Turkmen energy will significantly reduce...

The delegation of Turkmenistan took part in the preparatory meeting of EXPO-2020

In the city of Dubai (UAE), on November 29-30, the fourth meeting of the participants of the international exhibition EXPO-2020 was held, which will be held for the first time in the African, Middle Eastern and South Asian regions, the website of the Ministry of Foreign Affairs of Turkmenistan reports.   Turkmenistan was represented by a delegation...

At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, 43 transactions were concluded last week.

At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, 43 transactions were concluded last week.   For foreign currency, entrepreneurs from China, Afghanistan and other countries purchased aviation kerosene, diesel fuel, base oil, produced at the Turkmenbashi complex of oil refineries. Diesel fuel produced at the Seydi Oil Refinery was purchased by business...

Tashkent identifies priorities for Turkmen-Uzbek economic cooperation

During the negotiations in Tashkent, Presidents Gurbanguly Berdimuhamedov and Shavkat Mirziyoyev discussed a wide range of issues of Turkmen-Uzbek cooperation.   Turkmenistan attaches particular importance to the implementation of large-scale infrastructure projects with the participation of Afghanistan - energy, transport, and communications. All these projects can positively affect the situation in Afghanistan, play an effective role in...

Turkmen-Uzbek high-level talks begin in Tashkent

High-level talks between President of Uzbekistan Shavkat Mirziyoyev and President of Turkmenistan Gurbanguly Berdimuhamedov, who arrived today on a two-day working visit to Uzbekistan, have begun at the “Kuksaroy” Palace in Tashkent. The negotiations are attended by members of the delegations of the two countries. As noted, relations between Turkmenistan and Uzbekistan are developing dynamically, covering...

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