Turkmenistan and Saudi Arabia Strengthen Economic Ties
14:44 10.01.2025 3682
Prospects for expanding bilateral cooperation in various economic sectors, including energy, infrastructure and investment, were discussed in Ashgabat at a meeting of the management of the State Bank for Foreign Economic Affairs of Turkmenistan with a delegation of the Saudi Fund for Development headed by Chief Executive Officer Sultan Abdulrahman Al-Mashrad.
Particular attention during the talks was paid to the implementation of joint projects aimed at the socio-economic development of Turkmenistan.
As a result of the meeting, important documents were signed that are designed to strengthen economic ties between the two countries. The signed agreements provide for the provision of new credit lines and financial support to Turkmenistan for the implementation of large-scale infrastructure projects.
The visit of the delegation of the Saudi Fund for Development to Turkmenistan was another confirmation of the high level of bilateral relations and the desire of the two countries to further deepen cooperation, the International Information Center of Turkmenistan notes.
The next issue of the journal “Oil, gas and mineral resources of Turkmenistan” was published
The first issue in 2023 of the socio-political and scientific journalism journal “Oil, Gas and Mineral Resources of Turkmenistan” of the State Concern “Turkmennebit” has been published.
Hydrogeologists conduct an effective search for groundwater in Dashoguz region
The Dashoguz hydrogeological expedition, which is one of the leading enterprises of the State Corporation «Turkmengeology», is confidently entering the new year 2022, the motto of which is «Epoch of people with Arkadag». For a number of years, the expedition's specialists have been demonstrating effective results in the study of the reclamation and ecological state of lands and in the search for drinking water resources.
Demand for oil in 2022 will grow by 3.3 million barrels per day, the market will be in short supply – IEA
Demand for oil in 2021 increased by 5.5 million barrels per day, and in 2022 it will increase by 3.3 million bpd, Interfax and Bloomberg report citing a report by the International Energy Agency (IEA).
Presidents of Turkmenistan and Uzbekistan discussed key issues of bilateral partnership by phone
Key issues of bilateral partnership were discussed by President of Turkmenistan Gurbanguly Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev during a telephone conversation last Thursday, the State News Agency of Turkmenistan reports.
New Vice-Chairman for Fuel and Energy Complex of Turkmenistan appointed
Amanov Batyr Amangeldiyevich, who until that time had headed the State Concern “Turkmengas”, was appointed as the new Vice-Chairman for the fuel and energy complex of Turkmenistan.