News

Oil prices are falling: Brent- $71.81 per barrel, WTI - $67.69

September futures for Brent crude oil fell by 35 cents to $71.81 per barrel by 7:42 GMT on July 18. This is evidenced by the auction data. Quotes of the August WTI oil contract decreased by 39 cents, to $67.69 per barrel. According to the trading results on July 14, the price of September contract for Brent...

International rally "Amul-Khazar 2018" in the center of interest of world media

As part of the implementation of the instructions of the President of Turkmenistan to hold the international rally “Amul-Khazar 2018” at a high organizational level, as well as to promote and popularize the international rally, relevant events are held in the country and abroad. 3 July, 2018 at the Embassy of Turkmenistan in the People's Republic...

OPEC will remain the main supplier of oil in the world until the end of 2040

OPEC member countries will remain the leading supplier of oil in the world market until the end of 2040, according to the cartel report. "Production of oil and condensate will increase to 11 million b/d in 2024 and will peak at 11.7 million b/d at the beginning of 2030-ies," - said the organization. Production in 48 continental...

Oil prices fell: Brent - $ 71.68 per barrel, WTI - $68.02

World oil prices fell by more than 5% in the morning of July 17. This is evidenced by the auction data. The indicator began to decline from the middle of the previous day: at the high of September, Brent oil futures were trading at a maximum level of $75.37 per barrel, but at 21 o'clock Moscow...

Oil prices are falling: Brent - $74,87 per barrel, WTI - $70,60

Moscow. September futures for Brent crude oil fell by 46 cents to $74.87 per barrel by 7:47 GMT on July 16. This is evidenced by the auction data. Quotes of the August contract for WTI oil fell by $0.41 to $70.60 per barrel. According to the trading results on July 13, the price of September contract for...

At the auction of the SCET products of oil refining, fertilizers and glass sheets leaded

Last week, 21 transactions were registered at the trading of the State commodity exchange of Turkmenistan. For foreign currency, entrepreneurs from Switzerland and Afghanistan bought, respectively, straight-run gasoline and gasoline produced by the Seydi refinery. Fine-grained potassium chloride and carbamide (GC "Turkmenchemistry") became the subject of transactions of businessmen from Turkey and Afghanistan. In addition, for...

The US state department strongly supports the "Southern gas corridor"

The US state department strongly supports the project "Southern gas corridor", which will be able to compete with Russian gas in terms of supplies to Europe, representative of the energy Bureau of the US state department Vincent Campos said RIA Novosti. "We are working closely with our European partners to improve energy security by helping to...

OPEC+ agreement has practically fulfilled its task-Alexander Novak

The OPEC+ agreement normalized the situation in the world oil industry. This was stated by the Minister of energy of Russia Alexander Novak. "In my opinion, this agreement has practically fulfilled its task of leveling the crisis point, when prices fell sharply, and even fell in December 2016 to $27...  It was absolutely the right decision...

In the Northern region of Turkmenistan gasification of remote settlements is conducted

Within the framework of the implementation of the national transformation program in the North of Turkmenistan, work of gasification of new settlements is actively conducted. Several new medium-pressure gas pipelines are being built on the territory of one of the most remote etraps of Dashoguz velayat - etrap of S. Turkmenbashi. The total length of two...

Oil prices rise: Brent - $78.22 per barrel, WTI - $70,86

World oil prices in the morning of July 12 are rising after the day before collapsed by 5-7%. This is evidenced by the auction data. As of 8: 53 GMT, the cost of September futures for the North sea oil mixture Brent grew by 1.8% to 78.22 dollars per barrel, August futures for WTI oil...

President Gurbanguly Berdimuhamedov discussed with the General Director of Tatneft the prospects of their participation in projects in Turkmenistan

President of Turkmenistan Gurbanguly Berdimuhamedov, who is on vacation in Avaza, received General Director of PJSC "Tatneft" (Republic of Tatarstan of the Russian Federation) Nail Maganov. During the meeting, it was confirmed the continued interest of one of the largest Russian oil companies in strengthening cooperation with Turkmenistan on a long-term basis. The Head of Turkmenistan...

In Georgian import of petroleum products Turkmenistan prevails

The largest volume of import of gasoline and diesel fuel in Georgia in June 2018 was carried out from Turkmenistan — 21.1 thousand tons, which is 24.3% of whole import. Further in the list of suppliers follow: Romania, Bulgaria, Russia, Azerbaijan, Greece, Agency MEDIA-TURKMEN ORIENT reports with reference to the edition "Business Georgia". In June this...

The Russian government approved the draft agreement on trade and economic cooperation of the Caspian countries, initiated by Turkmenistan

Russian Prime Minister Dmitry Medvedev signed a decree on the approval by the Russian government of the draft Agreement between the governments of the Caspian States on trade and economic cooperation, INTERFAX reported with reference to the Cabinet website. The report notes that the purpose of the Agreement is the formation of the international legal framework...

Turkmenistan prepares proposals for the upcoming Turkmen-Austrian business forum

This month, the next Turkmen-Austrian business forum will be held in Vienna, where it is planned to discuss the development of trade relations and investment partnership. To this event, the Union of Industrialists and entrepreneurs of Turkmenistan is preparing a package of proposals for its Austrian colleagues, according to the website of the UIET. The forum...

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