News Archive ()

WTL operates in Turkmenistan taking into account environmental conservation

In Turkmenistan, environmental protection is provided in a number of industries related to both oil production and its transportation, processing and use. As the Director of the Westport Trading Europe Limited branch in Turkmenistan, Allaberdy Ilyasov, told to the “Voice of the CIS” online radio, the American company has created samples of new-generation equipment that...

OPEC + decision can accelerate recovery of oil market, - Mohammed Arkab

The decision of OPEC + ministers made on Saturday, June 6 may accelerate the recovery of the oil market, said on Monday the president of the OPEC conference, Minister of Energy of Algeria Mohammed Arkab, reports TASS. "The decision of the OPEC + ministers to extend the existing parameters of the agreement to reduce production, adopted...

Summed up the work of the fuel and energy complex for five months

Today, June 8, 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, at which the results of the work of industry enterprises over the five months of 2020, held under the motto "Turkmenistan - Homeland of...

In the top exchange trading - products of the fuel and energy sector and the textile industry

Last week, 76 transactions were registered at the biddings of the State Commodity and Raw Materials Exchange of Turkmenistan. Representatives of business circles from Russia purchased for foreign currency polypropylene produced at the Turkmenbashi complex of oil refineries. Businessmen from Afghanistan and Belize bought the heavy vacuum gas oil produced at the Seydi oil refinery. High...

Selective packers from IOGU will help increase oil well productivity

A significant part of the oil wells developed by the State Concern “Turkmennebit” consists of small formations, which creates certain difficulties in their development. High watering of productive formations, as well as other factors lead to a decrease in the productivity of oil wells. The development of hard-to-recover reserves and an increase in the efficiency...

Issues of interaction with the Italian company ENI were discussed

On Thursday, an online meeting was held at the Central Office of the Oil and Gas Complex of Turkmenistan with ENI (Italian Republic) Executive Director for Central Asia Luca Vignati. The negotiations were attended by the Advisor to the President of Turkmenistan on oil and gas issues Yagshigeldy Kakaev. According to the website of the foreign...

IOGU students consolidate the theory with practice

The training of highly qualified specialists who are able to successfully solve production problems associated with new scientific developments is possible only if the educational process is closely connected with research work. Teachers and students in the laboratory of the Oil and Gas Faculty of the International Oil and Gas University of Turkmenistan (IOGU) regularly...

“Blue fuel” arrives in remote villages of Dashoguz region

Gas workers of the economic organization “S.Turkmenbashietrapgaz” of the “Dashoguzgazupdzhunchilik” management are increasing the pace of uninterrupted supply of blue fuel not only to cities and urban-type settlements, but primarily to remote villages in the western part of the Dashoguz region. Now natural gas is piped to more than 21,560 households and institutions. Thanks to the...

Turkmenistan takes part in negotiations on modernizing the Energy Charter Treaty

The meeting of the group on modernization of the Energy Charter Treaty was held on Tuesday at the Ministry of Foreign Affairs of Turkmenistan in the format of an online conference, the website of our foreign ministry reports.  The multilateral negotiations were attended by delegations of the Energy Charter Secretariat, the European Union and a number...

The President instructed to speed up the implementation of the Turkmenistan-Afghanistan-Pakistan energy bridge project

The issues of modernization and increasing the export potential of the electricity industry in Turkmenistan were discussed during a workshop held on Monday by President Gurbanguly Berdimuhamedov with the participation of Vice Chairman of the Cabinet of Ministers Shamuhammet Durdylyev and Minister of Energy Charymurad Purchekov. Today, the Turkmen energy industry is demonstrating a steadily high...

Oil prices rise in anticipation of signals from OPEC+

Oil prices rise on Tuesday on reports that oil-producing countries, led by Russia and Saudi Arabia, may extend the current level of production cuts until September 1, INTERFAX said. The OPEC + ministerial meeting will be rescheduled for June 4 from June 9, The Wall Street Journal reported citing sources. The cost of August Brent crude futures...

Turkmen section of TAPI gas pipeline brought to border with Afghanistan

A report on the pace of construction of the Turkmen section of the transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India was made at a government meeting last Friday by Vice-Chairman of the Cabinet of Ministers of Turkmenistan Myratgeldi Meredov. As reported, this section is fully provided with steel pipes. The State Concern “Turkmengas” has entered into an agreement with...

Polymers and textiles – in the top exchange trading

Last week, 67 transactions were registered at the biddings of the State Commodity and Raw Materials Exchange of Turkmenistan. Entrepreneurs from the Russian Federation, Great Britain, the United Arab Emirates, and Afghanistan purchased polypropylene and aviation kerosene produced at the Turkmenbashi complex of oil refineries for foreign currency. High-density polyethylene, polypropylene, EKO-93 brand gasoline (manufactured by...

Oil prices end May with a significant increase

 On Friday, oil prices are falling amid growing tensions between the United States and China, but end May with a significant increase.  According to Interfax, Brent has risen in price this month by 39%, while WTI - by a record 76%.  The cost of July Brent crude futures on the London ICE Futures exchange at 8:05...

2014