News Archive ()

“Gubadagnebit” of the “Turkmennebitonumleri”: stable and reliable operation

As the results of work for the four months of 2020 showed, the specialists of the “Gubadagnebit” enterprise of the “Turkmennebitonumleri” General Directorate continue to supply the consumers of the Dashoguz region with oil products stably and reliably. Among the main tasks of the enterprise are ensuring trouble-free production activities, safe working conditions for workers, stable...

The President of Turkmenistan instructed to send all currency received from exports to the Stabilization Fund

Due to the difficult situation in the global economy that has developed during the pandemic, the current procedure for foreign exchange operations will be reviewed as a temporary measure in Turkmenistan. President Gurbanguly Berdimuhamedov gave the corresponding order to G. Mushshikov, Deputy Prime Minister for Economics, at a government meeting held on Friday by videoconference. “At...

In Turkmenistan 20 exchange transactions were registered, including the purchase of polyethylene produced by SC “Turkmengas”

Last week, 20 transactions were registered at the biddings of the State Commodity and Raw Materials Exchange of Turkmenistan. For foreign currency, entrepreneurs from Azerbaijan, Turkey, Georgia and Kyrgyzstan purchased cotton yarn, and representatives of the Russian business community bought dyed terry products. The total amount of transactions amounted to about 480 thousand US dollars. For manat...

SC “Turkmengas” in partnership with “Turkmen Petroleum Products Trade DMCC” will increase gas production at the Dovletabad field

President of Turkmenistan Gurbanguly Berdimuhamedov signed on Friday a decree authorizing the State Concern “Turkmengas” to sign a contract with “Turkmen Petroleum Products Trade DMCC” (UAE) to provide services to increase natural gas production in 30 wells operating in the Dovletabad field. The large Dovletabad field located in Mary province was discovered in 1982 with initial...

Oil prices complete third week in a row

On Friday, oil prices rise, completing growth for the third week in a row, thanks to the hopes that a reduction in production along with the gradual removal of quarantine restrictions will allow achieving a balance of supply and demand in the market. According to INTERFAX, the cost of July Brent crude futures on the London...

Scientific and practical conference in IOGU

A scientific and practical conference was held at the International Oil and Gas University, dedicated to the upcoming Constitution Day and the State Flag of Turkmenistan. The forum brought together the faculty of the university, students and youth. The scientific-practical conference was held in six thematic sections, where about 170 speakers spoke. The sectional sessions highlighted the...

Turkmenistan and UAE discuss opportunities to boost business ties

The state and prospects of bilateral cooperation between Turkmenistan and the United Arab Emirates were discussed during political consultations held on Wednesday at the Ministry of Foreign Affairs in a video conference format. This was reported by the website of the foreign ministry of our country. The meeting participants considered the possibility of enhancing partnerships in...

Turkmenistan and Romania discuss a draft agreement on the transit and transport corridor “Caspian Sea – Black Sea”

The preparation of a draft intergovernmental agreement on the creation and implementation of the Caspian Sea - Black Sea international transit transport corridor was discussed during the inter-ministerial consultations between Turkmenistan and Romania held in a video conference format, the website of the Foreign Ministry of Turkmenistan reports. The Turkmen side was headed by Deputy Foreign...

Marygazchykarysh Management Increases Well Productivity

The gas workers of the well overhaul workshop at the Marygazchykarysh management successfully completed the production plan for January-April 2020. As part of the implementation of the “Program for the Development of the Oil and Gas Industry of Turkmenistan for the Period until 2030”, with the assistance of SC “Turkmengas”, the material and technical base...

Turkmenistan's GDP growth in January-April 2020 amounted to 6.3 percent

In January-April 2020, Turkmenistan’s GDP growth rate was 6.3 percent. Compared to the same period last year, the growth rate of production was secured at 5.5 percent. Vice Prime Minister G. Mushikov announced this at a government meeting last Friday. The volume of retail trade turnover increased by 19.8 percent compared to the same period last...

The results of the development of the fuel and energy complex for January-April this year were discussed at a government meeting

The results of the development for four months of 2020 of all spheres of the national economy, including the oil and gas industry of Turkmenistan, were discussed at a government meeting held by President Gurbanguly Berdimuhamedov via video communication last Friday. In particular, the head of state called the deputy chairman of the Cabinet of Ministers...

Alexander Fomin noted the courage and heroism of the Turkmen people during the Second World War

“It was the Soviet people who became the reliable stronghold of all mankind, the main liberator from the brown plague”, – the Deputy Minister of Defense of the Russian Federation, Colonel-General Alexander Fomin emphasized, speaking at the celebration in Ashgabat Memorial Complex “People's Memory” on May 9. – On this day we honor people who forged...

Gurbanguly Berdimuhamedov: Turkmenistan makes great efforts to strengthen peace

Turkmenistan made a worthy contribution to this grand Victory, sent thousands of its sons and daughters to fierce battles in the name of freedom of the Fatherland, said President Gurbanguly Berdimuhamedov speaking at the square of the People’s Memory memorial complex, where celebrations on the occasion of the 75th anniversary of the Victory took place...

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