News Archive ()

Urea and polyethylene - in the top exchange trading

At the State Commodity and Raw Materials Exchange of Turkmenistan, 46 transactions were registered last week. Entrepreneurs from the United Arab Emirates purchased urea produced by OJSC “Turkmenenagat Export-Import” for foreign currency. Terry products and cotton yarn became the subject of transactions of representatives of business circles of Azerbaijan, Afghanistan, Georgia, Kyrgyzstan, the United Arab Emirates,...

Turkmenistan increases oil product deliveries to Georgia

This year, the export of oil products produced in Turkmenistan to Georgia has substantially increased. According to the Union of Oil Importers of Georgia, in March the largest import of motor gasoline and diesel fuel was made from Russia - 19 thousand tons and Turkmenistan - 16.8 thousand tons. The largest purchases of aviation kerosene...

Expert: despite the global crisis, the economy of Turkmenistan will be able to maintain the planned growth rate

Turkmenistan successfully leads the industrialization of the national economy. This is also confirmed by the main indicators of the first quarter of 2020, which showed positive dynamics. This, according to economic observer Valentin Trapeznikov, allows us to predict the overall growth of the country's economy this year, Voice of the CIS online radio reported. According to...

Gas workers strengthen health in the sanatorium "Dashoguz"

Employees of the department "Dashoguzgazupdzhunchilik" and "Dashoguzgakdyrysh" recently got the opportunity to appreciate the conditions of rest and health in the sanatorium "Dashoguz". As the gas industry workers resting here said, the health workers provided them with a warm welcome and care, and most importantly, the opportunity to undergo a course of procedures for the...

Sustainable and safe provision of petroleum products

The “Barsagelmez” technological transport department of the “Turkmennebit” state concern provides transport services in the fields of the Balkan province. Its main activity is the maintenance of oil fields by technological transport, as well as all types of cargo and oilfield special equipment. For many years, the management has been effectively organizing the supply of petroleum...

The State Bank of Foreign Economic Affairs of Turkmenistan and Japan State Export Credit Agency discuss cooperation priorities

Implementation of bilateral agreements and further financial and investment cooperation became the topic of negotiations between representatives of the State Bank for Foreign Economic Affairs of Turkmenistan and the State Export Credit Agency of Japan (Nippon Export and Investment Insurance (NEXI), held on Monday in a video conference format. Among the relevant areas of the bilateral...

International University of Oil and Gas to hold open doors in May

The International University of Oil and Gas of Turkmenistan is preparing to hold open doors days in May for young people who have expressed a desire to enroll in this university in 2020. These days, visitors will be able to get detailed information about the organization of the educational process in an industrial university, the main...

“Turkmengas” products purchased at the tenders for the domestic market

Last week, 16 transactions were registered at the biddings of the State Commodity and Raw Materials Exchange of Turkmenistan. Domestic businessmen purchased for the local market high-density polyethylene and polypropylene produced by the SC “Turkmengas” for a total amount of more than 30 million 723 thousand manat. Entrepreneurs from Azerbaijan and Kyrgyzstan purchased cotton yarn for a...

“Zakhmet” station provides gas workers with clean drinking water

Providing the population and enterprises of our country with clean drinking water is one of the priority tasks of the state. A number of major projects have been implemented in this direction, the latest water treatment facilities have been built, including the “Zakhmet” station of the water supply management workshop. The production units of the Marygazchykarysh...

OPEC + ministers discussed oil market situation

The situation on the oil market was discussed during an informal teleconference by a number of ministers of OPEC + countries, including Kazakhstan, Nigeria, Venezuela and other states, TASS reports. The meeting participants confirmed their readiness to reduce production within the framework of the agreements reached on April 12 and called for regular conferences to be...

WTI Prices Return To Positive After Historically Falling Below Zero

Prices for WTI oil with the closest delivery rose on Tuesday to almost $ 1.5 per barrel after falling into negative territory the day before, while Brent is trading above $25 per barrel, INTERFAX reports. May WTI futures are trading on Tuesday for the last day. Meanwhile, June contracts for WTI, whose trading activity is several dozen...

Turkmenistan prepares to sign contract with Fitch Ratings

Turkmenistan is negotiating with representatives of the international rating agency Fitch Ratings to determine the country's investment rating. This was stated by Deputy Prime Minister, Minister of Foreign Affairs of Turkmenistan Rashid Meredov at a government meeting last Friday. Following the talks, proposals were made to obtain an investment rating of Turkmenistan. As R. Meredov noted, this...

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