Abu Dhabi Development Fund to allocate $99.91 million for infrastructure projects in Turkmenistan
14:53 11.06.2021 22160
Two agreements worth $99.91 million were signed Thursday between the Abu Dhabi Development Fund (ADFD) and the government of Turkmenistan, UAE media reported.
One agreement provides for financing the construction of an airport in Jebel in the Balkan region of Turkmenistan, the second is aimed at financing the construction of a hybrid power plant with a capacity of 10 megawatts, the Internet resource TradeArabia.com notes.
The agreements were signed by ADFD General Director Mohammed Saif Al-Suweidi and Chairman of the State Bank for Foreign Economic Relations of Turkmenistan Rakhimberdi Dzhepbarov.
The signing ceremony was attended by the Minister of Energy and Infrastructure of the United Arab Emirates Suhail bin Muhammad Faraj Faris Al Mazruei and Deputy Prime Minister, Chairman of the Supreme Control Chamber of Turkmenistan Serdar Berdimuhamedov, as well as other officials from both sides.
The Jebel airport project aims to improve air transport infrastructure in the Balkan region of Turkmenistan and strengthen regional air connection in Central Asia. The project also aims to attract investment in Jebel and the Balkan region by improving the quality of transport services. The project will carry out the construction of a terminal at Jebel Airport with a capacity of 100 passengers per hour. Project components include planning, design, construction and delivery of the project, as well as training for airport personnel.
In February 2021, the Abu Dhabi Development Fund signed three memorandums of understanding with the government of Turkmenistan on infrastructure projects in various sectors, including renewable energy and air transport.
Global demand for oil will grow until 2028, – IEA
The International Energy Agency (IEA) predicts in a June report that global oil demand will reach 105.7 million bpd in 2028, up 5.9 million bpd from 2022 levels.
Corporation “Turkmenenergo” will build solar power plants in remote areas of Turkmenistan
In remote settlements of Turkmenistan, the Turkmenenergo energy corporation plans to build solar power plants with a total capacity of more than 6 MW at the first stage. This was announced by the head of the service for the development of renewable energy sources “Turkmenenergo” Dovlet Allayarov at the International Scientific and Practical Conference: «Energy Prospects, New Technologies for the Development of Hydrocarbon Deposits”, which took place on Thursday in Ashgabat.
Pre-conference events were held at IUOG on the eve of the scientific forum
Two pre-conference events were held at the Yagshygeldi Kakaev International University of Oil and Gas (IUOG) on June 14 on the eve of the International Scientific and Practical Conference: «Energy Prospects, New Technologies for the Development of Hydrocarbon Deposits».
Schoolchildren’s summer holiday season starts in Geokdere
The summer vacation season is currently in full swing in our country. Tired of the school bustle, the children plunged headlong into the atmosphere of joy, fun and new adventures that every day gives them, spent in one of the many children’s health centers in the picturesque corner of our country – the Geokdere Gorge.
TS-1 aviation kerosene and oil bitumen were in demand at exchange trading
At the auction on Monday, June 12, 24 transactions were concluded for a total of $1 million and 150 million Turkmen manats, ORIENT reports.