Oil quotes are rising on Thursday due to fears of a decrease in supply on the world market with a sharp reduction in US inventories.

The International Monetary Fund (IMF) has sharply raised its average oil price forecast for 2022. The IMF presented the updated report on April 19, 2022, Neftegaz.RU reports.

The Turkmenbashi complex of oil refineries (TCOR) successfully solves the problems of saturating the domestic market with high-quality petroleum products, as well as producing new types of products in demand.

In honor of the approaching national holiday of the Turkmen horse, the International University of Oil and Gas named after Yagshygeldi Kakayev organized a song and musical celebration on the territory of the International Akhal-Teke Equestrian Complex.

China imported 10.07 billion cubic meters of natural gas through the Central Asia-China gas pipeline in the first quarter of 2022. This was announced by «PipeChina West Gas Pipeline» company.

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

Last week, a plant for the production of carbon black with a capacity of 3,000 tons of products per year was opened in the Mary etrap. According to the relevant Decree of the head of state, the project for the construction of a new enterprise was implemented by the Economic Society «Eziz dag».

The repair departments of the «Nebitgazduypliabatlayyish» Trust of the State Concern «Turkmennebit» of the Balkan region perform effective work to increase the volume of hydrocarbon production from wells and make a huge contribution to the economic development of our country.

On Thursday, April 14, President of Turkmenistan Serdar Berdimuhamedov, who is on a holiday visit to the Balkan region, held an offsite meeting of the Cabinet of Ministers, at which issues of the socio-economic development of the western region of the country were discussed, relevant reports were heard, and drafts of a number of documents were considered.

The Week of Russian Language and Literature is being held at the International University of Oil and Gas named after Yagshygeldi Kakaev. Here, an exhibition prepared by the teaching staff of the university, dedicated to the Russian language and literature, art and science of Russia, is presented.

President of Turkmenistan Serdar Berdimuhamedov had a telephone conversation with Prime Minister of Japan Fumio Kishida on Wednesday, the State News Agency of Turkmenistan reports.

French President Emmanuel Macron and British Prime Minister Boris Johnson expressed their readiness to expand cooperation with Turkmenistan in letters addressed to President Serdar Berdimuhamedov.

President of Turkmenistan Serdar Berdimuhamedov sent his sincere congratulations to Mian Muhammad Shahbaz Sharif on his election as Prime Minister of Pakistan.

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

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 industry enterprises for January-March 2022, held under the motto «Epoch of people with Arkadag», were discussed.