Renewable energy sources (RES) will not become a «straw» to save Europe's energy sector, said Alexei Miller, Chairman of the Board of Gazprom, at SPIEF-2022 during the session «The World Oil and Gas Market Today and Tomorrow», Interfax reports.

In the coming years, oil prices will remain at a high level due to the redistribution of supplies on world markets; even a possible decrease in demand will not affect its value. This forecast is given by Wood Mackenzie analysts, Interfax reports.

Cooperation in the energy and transport sectors can become strategic areas of integration within the CIS. This was stated by the Minister of Finance and Economy of Turkmenistan Muhammetgeldi Serdarov, speaking on Thursday at the St. Petersburg International Economic Forum (SPIEF), the Turkmen news agency Orient reports.

Last Wednesday, in the capital of Iran, where President of Turkmenistan Serdar Berdimuhamedov arrived on an official visit on June 14, negotiations were held at the highest level, as well as with the participation of government delegations of the two countries. Key areas of interstate cooperation were discussed, among which an important place was taken by the development of mutually beneficial partnerships in the fields of transport and energy.

The presence of great prospects for bilateral partnership and the importance of a significant increase in the volume of trade between the two countries is recorded in the Joint Statement of the President of Turkmenistan Serdar Berdimuhamedov and President of the Islamic Republic of Iran Seyyed Ebrahim Raisi, which was signed following the summit talks in Tehran last Wednesday.

Turkey will increase natural gas consumption in 2022 after reaching another record of 60 billion cubic meters in 2021. This was announced on Thursday during the St. Petersburg International Economic Forum by Turkish Deputy Energy Minister Alparslan Bayraktar, Interfax reports.

On Tuesday, June 14, President of Turkmenistan Serdar Berdimuhamedov left for an official visit to the Islamic Republic of Iran. The official meeting of the head of Turkmenistan with the President of the Islamic Republic of Iran Seyed Ebrahim Raisi will take place today, the State News Agency of Turkmenistan reports.

The events in preparation for the official visit of the President of Turkmenistan Serdar Berdimuhamedov to Saudi Arabia were discussed on Monday by the Minister of Foreign Affairs of our country Rashid Meredov and the Minister of Foreign Affairs of Saudi Arabia Faisal bin Farhan Al Saud. This is reported by the website of the Foreign Ministry of Turkmenistan.

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

President of Turkmenistan Berdimuhamedov made an official visit to the Russian Federation on June 10, during which he held high-level talks with President of Russian Federation Vladimir Putin.

The state concern «Turkmengas» will conclude a contract for the purchase of chemicals, catalysts and ceramic balls with the company «Altavista F.Z.C» (UAE). The corresponding resolution of President Serdar Berdimuhamedov, authorizing the signing of the contract, was published on Monday in the media of Turkmenistan.

Turkmenistan and Russia will expand cooperation in the field of energy and transport, according to the Declaration on deepening the strategic partnership between Turkmenistan and the Russian Federation, signed by the heads of the two countries following the first official visit to Moscow by President of Turkmenistan Serdar Berdimuhamedov.

The official visit of the President of Turkmenistan Serdar Berdimuhamedov to the Russian Federation has begun today, the State News Agency of Turkmenistan reported on Friday.

During the upcoming official visit of President Serdar Berdimuhamedov to the Russian Federation on June 10, documents on trade and economic cooperation between Turkmenistan and Russia will be signed. This was reported on the website of the Russian Government following a meeting last Thursday between Deputy Prime Minister Alexander Novak and Vice-Chairman Shakhym Abdrakhmanov.

The third meeting of foreign ministers of the “Central Asia-China” format ended in Nur-Sultan yesterday, following which a number of documents aimed at deepening regional cooperation were signed, the website of the Foreign Ministry of Turkmenistan reports.