President of Turkmenistan Gurbanguly Berdimuhamedov instructed the government to intensify cooperation with the European Union and the United States in the field of energy, transport and business.

Turkmenistan became SOCAR Trading (a trading subsidiary of SOCAR, SOCAR). Argus Media, an independent pricing agency, reported.

At an expanded meeting of the Cabinet of Ministers last Friday, President of Turkmenistan Gurbanguly Berdimuhamedov instructed the government to begin work on restoring international trade and economic relations and transport links affected by the pandemic.

On December 14, a solemn ceremony dedicated to the Day of Oil and Gas Industry and Geology Workers was held in the Central Building of the Oil and Gas Complex of Turkmenistan.

Dear oilmen, gasmen and geologists! I sincerely congratulate you on the Day of Oil and Gas Industry and Geology Workers! Your professional holiday coincided with the widely and solemnly celebrated 25th anniversary of permanent neutrality in the year, the motto of which is "Turkmenistan is the homeland of neutrality"! I wish each of you good health, prosperity, great success in your work, designed to strengthen the national economy of the Motherland and significantly improve the standard of living of the Turkmen people!

In Ashgabat on December 12, with the participation of President Gurbanguly Berdimuhamedov, the International Conference "Policy of neutrality and its importance in ensuring international peace, security and sustainable development", dedicated to the 25th anniversary of the permanent neutrality of Turkmenistan, was held.

Russia supports the peaceful policy of Turkmenistan, which proclaimed its neutrality 25 years ago, considers the experience of a neutral republic in overcoming existing challenges in demand. This was stated by the Russian Foreign Minister Sergei Lavrov on the eve of the Day of Neutrality of Turkmenistan, which is celebrated in the country on December 12, Interfax reports.

The significance of such large joint infrastructure projects as the construction of the TAPI gas pipeline, railways from Turkmenistan to Afghanistan, power transmission lines and fiber-optic communications along the Turkmenistan-Afghanistan-Pakistan route was highlighted at the meeting of the Minister of Foreign Affairs of Turkmenistan Rashid Meredov with the newly appointed Ambassador of Afghanistan in our country Khan Wali Khan Basharmal, the website of the Foreign Ministry of Turkmenistan reported.

For eleven months of 2020, on the self-supporting management for casing oil and gas wells of the Nebitgazburavlayish trust, the amount of work performed amounted to more than 85 million 866 thousand manat. At the same time, the growth rate compared to the same period last year amounted to 180.7%.

At the International Oil and Gas university of Turkmenistan, the faculty has created all the necessary conditions for students to receive a quality education. The laboratory of the Faculty of Oil and Gas is fully equipped with modern equipment for deep mastering of the chosen specialty.

Vice-Chairman of the Cabinet of Ministers Myratgeldi Meredov reported on the results of the work of enterprises of the fuel and energy complex for eleven months of this year at a government meeting last Friday.

Next year, construction work will begin in Herat on the Afghan section of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. This was stated at a press conference by the Minister of Mines and Oil Industry of Afghanistan, Garun Chakhansuri, Afghan media reported.

For eleven months of 2020, the growth rate of Turkmenistan's GDP increased by 5.8%, Vice-Chairman Gadyrgeldy Mushshikov said at a government meeting last Friday.

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

OPEC+ ministers on Thursday approved the decision to increase oil production from January 2021 by 0.5 million barrels per day, meetings will be held on a monthly basis, sources in OPEC said, TASS reports.