News

Financial news of the last week

Last week at the State commodity and raw materials exchange of Turkmenistan 27 transactions were registered. For foreign currency businessmen from Russia, Great Britain, Tajikistan, Afghanistan and etc. bought produced at the Turkmenbashi Complex of Oil Refineries gasoline and polypropylene. Urea grade "B" (SC Turkmenchemistry") was the subject of the transactions of businessmen from Scotland, Turkey...

Turkmenistan welcomes the creation of the first JV in the gas industry

To foreign investors in Turkmenistan opens a very promising direction of development of mutually beneficial business establishment of a service joint venture for maintenance and repair of equipment in the gas industry. About the relevance of establishing such joint ventures, said chairman of the State Concern "Turkmengas" Ashyrguly Begliyev during the VII International gas Congress...

The recommendations of scientists help to increase the flow of gas from the wells

The specialists of the Research Institute of natural gas of the State Concern "Turkmengas" has developed and implemented dozens of scientific and technical solutions to improve quality of well cementing in the squares and fields on which to conduct drilling operations units of the State Concerns "Turkmengas" and "Turkmengeology". Currently on the territory of the first...

China received from Turkmenistan 138,6 billion cubic meters of gas

Since the beginning of operation of the gas pipeline Turkmenistan-Uzbekistan-Kazakhstan–China and as of May 19, 2016 the total volume delivered from Turkmenistan to China natural gas reached 138,6 billion cubic meters. These data were made in the report of the representative of China national petroleum Corporation (CNPC) at the VII International gas Congress of Turkmenistan...

Baku and Ashgabat are discussing options of supply of the Turkmen gas along "The Southern gas corridor"

Azerbaijan and Turkmenistan conduct negotiations concerning opportunities of transportation of the Turkmen gas to Europe along "The Southern gas corridor", reports news agency Trend with reference to the Minister of Energy of Azerbaijan Natig Aliyev. "There are two pragmatic options. The first - construction of the Transcaspian pipeline, the second - to connect platforms in the...

Desire to invest in the TAPI project has been expressed by IsBD, the Saudi Development Fund and financial structures of Japan

Intention to participate in financing of construction of the TAPI gas pipeline has been declared by representatives of Islamic Development Bank, Saudi Development Fund and the government of Japan. It was reported during the VII international gas congress of Turkmenistan by the head of consortium "TAPI pipeline company" on construction and control of the TAPI...

The EBRD is considering participation in the project of the transnational gas pipeline TAPI

The possibility of participation of the European Bank for reconstruction and development in the construction of a transnational TAPI gas pipeline was discussed during the meetings of President of Turkmenistan Gurbanguly Berdimuhamedov with the head of the EBRD Sumomo Chakrabarti. In addition, the subject of detailed discussion were also proposals for the implementation of new projects...

Large-scale works at Seydi Oil Refinery gather pace

Considerable results have been achieved for last four months since the beginning of this year at Seydi Oil Refinery. Improving financial and economic indicators of the enterprise, employees of plant make a powerful contribution to social and economic development of the country.  It is well known that ensuring production with raw materials is one of the...

Financial news of the last week

Last week at the State commodity and raw materials exchange of Turkmenistan 22 transactions were registered. For foreign currency businessmen from the UK and others bought diesel fuel and industrial kerosine produced at the Turkmenbashi Complex of Oil Refineries. Businessmen from the UK, Switzerland and Afghanistan bought straight-run petrol and fuel oil M-100 made by Seydi...

Meeting of the Cabinet of Ministers of Turkmenistan

May 20, President Gurbanguly Berdimuhamedov chaired a regular meeting of the Cabinet of Ministers, in which topical issues of state life were considered, the program of upcoming important events, a number of documents. Among the main topics - improving the normative-legal acts regulating the activities in the field of the rights of workers and employers, the...

The VII International gas congress in Avaza has come to the end

Today in the National tourist area "Avaza" in the building of the Congress center the second, finishing day of work of the VII International gas congress of Turkmenistan and the industry show dated for it has taken place. This year about 400 people almost from 40 countries of the world – heads of the ministries...

The VII International gas congress has been opened in Turkmenistan

Today in the National tourist zone "Avaza" in the building of the Congress center opening of the VII International gas congress of Turkmenistan and the industry exhibition dated for it took place. Organizers of TGC-2016 became the State Concern "Turkmengas" in cooperation with the Summit Trade Events Ltd company (Great Britain), industry exhibition - Chamber...

President Gurbanguly Berdimuhamedov sent his greetings to the participants of the VII International Gas Congress of Turkmenistan and timed to International Exhibitions

In the message of the Head of Turkmen State said in particular: "I Congratulate you on the opening of the International Gas Congress and dedicated to him the International Exhibition! Turkmenistan as a country with the richest hydrocarbon resources, strives to use them in the interests of the Turkmen people and other peoples of the world. I...

Turkish company is ready to expand cooperation with Turkmenistan

The head of the holding company of Renaissance Erman Ilicak said during a meeting with President of Turkmenistan Gurbanguly Berdimuhamedov in Ashgabat, during which the sides discussed topical aspects of bilateral partnership. In addition, the Turkish businessman informed the Head of State about the construction in Ovadan-Depe, Ahal region plant for the production of gasoline from...

The President of Turkmenistan and the head of "Hyundai Engineering" discussed the prospects of cooperation in the oil and gas industry

The issues of development of mutually beneficial cooperation in the oil and gas sphere were discussed during the meeting of President of Turkmenistan, Gurbanguly Berdimuhamedov and the CEO of the company "Hyundai Engineering" Vi-Chul Kim in the capital of Turkmenistan. Expressing interest in developing mutually beneficial partnerships, he stressed that this will contribute in Turkmenistan created...

2014