News Archive (2018-3-19)

The project TAPI will be a powerful impetus for economic development of the region, - ambassador of Turkmenistan in Malaysia

“Transnational mega-project Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, which should be commissioned by 2019 year, will be a powerful incentive for economic development of the region", ambassador of Turkmenistan in Malaysia Yazkuli Mamedov said in an interview malaysiandigest. Mamedov noted that the construction, which began in Turkmenistan in December 13, 2015, created not only thousands of new jobs,...

Oil prices are falling: Brent - $65.84 per barrel, WTI - $62.02

May futures for Brent crude at 7:52 GMT March 19 fell by 37 cents (0.56%) - to $65.84 per barrel. Quotations of the April contract for WTI oil fell by 22 cents (0.5%) and amounted to $62.02 per barrel. Following the results of trading on March 16, the price of the May contract for Brent crude...

Turkmenistan has great potential in alternative and "classical" power engineering, - ADB

Turkmenistan has great prospects in the development of alternative energy. Such opinion was expressed by Soheil Hasni, senior specialist of the energy Department of the Asian Development Bank, who participated in the 27th meeting of the CAREC energy sector coordinating Committee, which ended in Ashgabat last week,the ORIENT Agency reports. "There you can build the most...

Financial news of the last week

Past week at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan 104 transactions were registered.  For the foreign currency businessmen from the Russian Federation, the United Arab Emirates, Great Britain, Turkey, Afghanistan, Tajikistan and others bought polypropylene, liquefied gas, hydro-fined diesel fuel, technical kerosene manufactured at Turkmenbashi oil refineries complex and also...

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