News

Oil prices: Brent - $77.47 per barrel, WTI - $74.14

World oil prices are rising on July 9. This is evidenced by the auction data. As of 8:39 Moscow time, the cost of September futures for the North sea oil mixture of Brent rose by 0.47% to 77.47 dollars per barrel, August futures for WTI oil - by 0.43%, to 74.14 dollars per barrel. Last Monday,...

Gurbanguly Berdimuhamedov and Rustam Minnikhanov discussed prospects of development of Turkmenistan-Tatarstan cooperation

The state and prospects of development of the Turkmenistan-Tatarstan cooperation were discussed at the meeting of the President of the Republic of Tatarstan (RF) Rustam Minnikhanov with the President of Turkmenistan Gurbanguly Berdimuhamedov who visited Kazan on July 6. Highly appreciating the level of bilateral relations, Gurbanguly Berdimuhamedov and Rustam Minnikhanov confirmed the commitment of Turkmenistan...

Products of Turkmenbashi complex of oil refineries were in the lead at the auction

Last week, 27 transactions were registered at the trading of the state commodity exchange of Turkmenistan. For foreign currency, entrepreneurs from the United Arab Emirates, Turkey, Afghanistan purchased gasoline, oil road bitumen and diesel fuel produced at the Turkmenbashi complex of oil refineries, as well as gasoline and diesel fuel produced at the Seydi refinery. In...

Macroeconomic indicators show a steady growth of the economy of Turkmenistan

According to the results of the first half of 2018, the GDP growth rate of Turkmenistan amounted to 6.2 percent, the indicators of production in comparison with the same period of 2017 increased by 4.4 percent. The growth rate of retail trade compared to the same period last year - by 19.7 percent. This was...

Since January 1, 2019, the amount of wages, pensions, state grants, scholarships will increase by 10 percent

Since January 1, 2019, Turkmenistan will increase by 10 percent the monthly wages of employees of budget-funded institutions, self-supporting enterprises and public associations, pensions and state benefits, scholarships for pupils and students. The corresponding Decree was signed by President Gurbanguly Berdimuhamedov at the enlarged meeting of the government, which reviewed the results of socio-economic development...

Oil is cheaper after Trump's statements

World oil prices are down Thursday morning after the US President Donald Trump called on OPEC countries to reduce gasoline prices, RIA Novosti reported with reference to the auction. The cost of September futures for the North sea oil mixture of Brent decreased by 0.7% to 77.69 dollars per barrel, August futures for WTI oil by...

Oil prices rise again: Brent - $78.14 per barrel, WTI - $74.62

World oil prices are rising on July 4 in the morning. This is evidenced by the auction data. Investors positively accepted the data of the American Petroleum Institute (API) that the reserves of this type of raw material in the US over the past week decreased more than expected, As of 8:08 GMT, the cost of...

Turkmenistan and Romania aimed to strengthen the intergovernmental partnership

The prospects of Turkmen-Romanian cooperation were discussed at the meeting of the President of Turkmenistan Gurbanguly Berdimuhamedov with the Minister of Foreign Affairs of Romania Theodore Meleshkanu, who arrived in Ashgabat. The guest conveyed to the head of the state a greeting from the President of Romania Klaus Werner Iohannis, in which he noted Romania's continued...

Oil prices: Brent - $ 77,75 per barrel, WTI - $74,53

World oil prices are rising on July 3 on the news that the Libyan oil company NOC has announced a force majeure in the loading of oil in two ports. This is evidenced by the auction data. At 7:48 a.m. Moscow time the cost of the September futures for North sea petroleum mix Brent has grown...

Turkmenistan increases the manufacturing and exporting sulfur

In January-may 2018 Turkmenistan increased the export of sulfur 2.3% compared to the same period last year, according to news agency MEDIA of TURKMEN ORIENT. Peak growth of supply fell on January, when in foreign countries was sent over 110 thousand tons of this product. Recently the SC Turkmengas" announced the tender about purchase additional logistical...

The Caspian Convention has increased the attractiveness of the Southern Gas Corridor

Completion of the draft convention on the legal status of the Caspian Sea significantly increased the investment attractiveness of the Southern Gas Corridor (SGC). Thus, the World Bank granted a $ 750 million loan to CJSC Southern Gas Corridor for financing the construction of the Trans-Anatolian pipeline (TANAP), as news agençy MEDIA-TURKMEN ORIENT reports. TANAP is...

In the top of trading – oil, textiles and chemical products

Last week 64 transactions were registered at the trades of the State commodity exchange of Turkmenistan. For foreign currency, entrepreneurs from the United States, the United Arab Emirates, Switzerland, Afghanistan, Kazakhstan, etc. purchased gasoline, liquefied gas, hydro-purified diesel fuel, lighting kerosene produced at the Turkmenbashi complex of oil refineries. Diesel fuel produced at the Seydi refinery,...

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