The results of the work of the sectors of the national economy for the six months of 2022 were considered at an expanded meeting of the Cabinet of Ministers, which President Serdar Berdimuhamedov held last Friday.

Despite the difficulties in the global economy, Turkmenistan maintains a high rate of GDP growth, namely at the level of 6%. This was stated by President of Turkmenistan Serdar Berdimuhamedov at an expanded government meeting last Friday, at which the results of the country's socio-economic development in January-June 2022 were summed up, the newspaper writes.

Yesterday, a reporting meeting was held in the Central building of the oil and gas complex of Turkmenistan, at which the results of the work of enterprises in the industry for six months of this year were discussed.

PETRONAS Carigali (Turkmenistan) Sdn Bhd invites any registered companies, organization and entrepreneurs to our below event:

The branch of the Russian company Tatneft in Turkmenistan intends to expand the existing production infrastructure in our country. The relevant tender published in the Turkmen media is aimed at this.

Turkmen natural gas can be transported to Anatolia via the Trans-Anatolian Gas Pipeline (TANAP), Turkish Vice President Fuat Oktay said.

The price of liquefied natural gas (LNG) rose significantly at the State Commodity and Raw Materials Exchange of Turkmenistan on July 6, Orient reports.

The International Conference “International transport and transit corridors: interconnection and development” will be held on July 18-20 in Ashgabat. The purpose of the forum is to discuss topical issues on post-pandemic recovery and adaptation to new realities in the field of international transportation and the development of efficient international transport and transit corridors.

Opportunities for enhancing bilateral cooperation in the energy sector were discussed on Wednesday at a meeting between Vice-Chairman and Foreign Minister Rashid Meredov and an Azerbaijani delegation headed by Economy Minister Mikayil Jabbarov, who arrived in Ashgabat on a working visit. This is reported by the website of the Foreign Ministry of Turkmenistan.

In June of this year, the United States exported about 5 million barrels of oil from the strategic oil reserves, media reported, citing customs statistics and sources.

Free production capacity of OPEC countries is the lowest in its 62-year history due to underinvestment in the industry amid calls to phase out fossil fuels, political solutions are needed to solve the problems of lack of oil in the market. This was said by OPEC Secretary General Mohammed Barkindo during the opening of the conference in Nigeria on Tuesday, July 5, Interfax reported.

The staff of the Turkmenbashi complex of oil refineries completed the five months of 2022 with good production and economic results. The volume of crude oil refining at the TCOR for this period amounted to more than 1 million 878 thousand tons, while the plan was fulfilled by 110.4%.

Opportunities for enhancing comprehensive cooperation with the WTO were discussed on Monday at a meeting between Vice-Chairman of the Cabinet of Ministers and Minister of Foreign Affairs of Turkmenistan Rashid Meredov and Deputy Director General of the World Trade Organization (WTO) Zhang Xianchen, who arrived in Ashgabat on a working visit. This is reported by the website of the Foreign Ministry of Turkmenistan.

The State Electricity Corporation «Turkmenenergo» will conclude with the company «Çalik Enerji Sanaýi we Tijaret A.Ş.» (Turkey) contract for the design and construction of a solar and wind power plant with a capacity of 10 MW. The corresponding Resolution was signed by President Serdar Berdimuhamedov.

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