In the period of the Revival of the New Era of the Powerful State, under the leadership of President Serdar Berdimuhamedov, Turkmenistan continues to confidently follow the chosen creative strategy of economic development. Gas workers of the Türkmengaz State Concern make a huge contribution to the successful implementation of the tasks set by the head of state to increase the volume of extracted hydrocarbon resources, marking with labor successes every month of the year “Fount of Wisdom Magtymguly Pyragy”.

The creation of a gas pipeline along the bottom of the Caspian Sea from Turkmenistan to Turkey will be beneficial for these countries and will help ensure the energy security of the European Union. This was stated to journalists by US Ambassador to Turkmenistan Elizabeth Rood, TASS reports.

Next week, the capital of Turkmenistan will host the Investment Forum TIF 2024, which will discuss the strategy for developing the national economy, attracting foreign investment and strengthening international cooperation. The upcoming forum will be especially large-scale: it will be attended by more than 500 delegates, including representatives of government agencies, the private sector, international organizations and foreign investors.

Turkmen-Swedish political consultations were held in Stockholm, during which opportunities to expand bilateral relations were discussed, the Ministry of Foreign Affairs of Turkmenistan reports.

15 transactions were registered at the auction of the State Commodity and Raw Materials Exchange of Turkmenistan last week.

The Asian Development Bank (ADB) has launched a new country partnership strategy for Turkmenistan to help the country develop a competitive and diversified economy, the bank’s country office said.

More than 350 delegates from 35 countries have registered for the TIF-2024 Investment Forum, which will be held on September 10-11 in Ashgabat. The event, organized by the Ministry of Finance and Economy of Turkmenistan, the Ministry of Foreign Affairs of Turkmenistan and the Chamber of Commerce and Industry, will become a platform for discussing current issues of economic development of the country and the region, the forum organizers report.

The results of the seven months of the current year demonstrate the success of the programs implemented in Turkmenistan. A clear confirmation of this is the GDP growth rate, which amounted to 6.3% for the period under review. This was stated by President Serdar Berdimuhamedov at a government meeting last Friday, where the results of the country's socio-economic development for January-July 2024 were discussed.

Turkmenistan President Serdar Berdimuhamedov signed a decree authorizing State Concern «Turkmengas» to sign a contract with Çalik Enerji Sanayi ve Ticaret A.Ş. (Turkey) for the design, construction and equipping of the Shatlyk-1 gas compressor station in the country's Mary region.

On August 31, a reporting meeting was held in the Central Building of the Oil and Gas Complex of Turkmenistan, where the results of the work of the industry enterprises for seven months of the current year, held under the motto "The Fount of Mind of Magtymguly Fragi", were discussed.

The President of Turkmenistan signed a Resolution authorizing the State Concern "Turkmengas" to enter into a contract with Çalik Enerji Sanayi ve Ticaret A.Ş. (Republic of Turkey) for the design, construction and equipping of the Shatlyk-1 gas compressor station in Mary velayat with the necessary equipment and commissioning, TDH reports.

On August 30, a series of cooperation agreements in the energy and transport sectors were signed following a meeting between delegations from Turkmenistan and Afghanistan in Ashgabat, according to TDH.

On August 30, President of Turkmenistan Serdar Berdimuhamedov held the Cabinet of Ministers meeting via a digital system, where the results of the work done over the first seven months of the current year were reviewed, and issues of the country's socio-economic development were discussed.

A series of important bilateral meetings with the Afghan delegation, headed by Acting Minister of Mining and Petroleum Hussein Badri, took place in the capital of Turkmenistan on Thursday, TDH reports.

Prospects for the development of Turkmen-Uzbek cooperation in the fuel and energy sector were discussed with the delegation of Uzbekistan headed by the Minister of Energy Jurabek Mirzamakhmudov, which held a number of meetings in the capital of Turkmenistan, TDH reports.