The law on energy saving and increasing energy efficiency was adopted
17:29 11.04.2024 4847

The Law “On Energy Saving and Energy Efficiency” came into force in Turkmenistan. The document signed by President Serdar Berdimuhamedov was published by the central media of our country.
The law establishes the legal, economic and organizational framework for stimulating energy conservation and increasing energy efficiency in the country.
The document defines basic concepts such as energy audit, energy passport, consumption standards for fuel and energy resources and others. The document specifies the rights and obligations of consumers of fuel and energy resources.
The law introduces mandatory energy inspections of facilities and buildings and determines the procedure for conducting energy audits. Measures are provided to stimulate energy saving, including preferential loans, tax preferences and tariff policy.
The new law establishes the principles of legal regulation in the field of energy saving, including the scientific, technical and economic feasibility of energy-saving measures, the priority of introducing energy-efficient equipment, technologies and materials.
In accordance with the law, short-term energy saving and energy efficiency programs are developed for a period of one year, long-term – for a period of five years.
The law defines the competencies of government bodies in the field of energy conservation and monitoring compliance with requirements.
Particular attention is paid to international cooperation and information support in the field of increasing energy efficiency.

Export deals for the sale of base oil and petroleum coke were concluded
13 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.

Government Commission discussed issues of Turkmenistan's participation in the WTO
Priority issues related to the intensification of cooperation between Turkmenistan and the World Trade Organization were considered during an online meeting of the government commission to study issues related to accession to the WTO, the website of the Foreign Ministry of Turkmenistan reports.

Gurbanguly Berdimuhamedov proposed to develop a UN Special Program for Transport Development
President Gurbanguly Berdimuhamedov, having spoken at the second UN Global Conference on Sustainable Transport, proposed to return to the proposal put forward by Turkmenistan earlier on the development of a UN Special Interregional Program for the Development of Transport.

The total amount of transactions at the SCRMET auctions amounted to over 38 million 723 thousand US dollars
Last week, 21 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan, the State News Agency of Turkmenistan reports.

Turkmenistan Implements Large-Scale Oil and Gas Projects with International Partners
Turkmenistan’s State News Agency reported that on July 29, leaders of the country's oil and gas industry held talks with delegations from ADNOC (United Arab Emirates) and Hyundai Engineering Co. Ltd. (Republic of Korea).