News

Iran will support prolongation of the transaction of OPEC+ until the end of 2018

Iran will support prolongation of the transaction of OPEC and a number of the countries which are not entering into the organization for reducing oil extraction until the end of 2018. It was said by the deputy minister of oil of Iran Amir Zamaniniya at the Oil and Money conference. "Yes, we will support", - the...

Oil rises in price: Brent - $58,24 for barrel, WTI - $51,88

December futures for Brent crude oil by 7:47 Moscow time on October 18 rose 36 cents (0,6%) - up to $58,24 for barrel. The quotations of the November contract for WTI crude oil added 20 cents (0,4%) - to $51,88 for barrel, the Russian agency of oil and gas information reports. Oil prices after the volatile session...

Oil continues to rise in price: Brent - $57,79 for barrel, WTI - $51,87

The cost of December futures for Brent oil at the London's ICE Futures Exchange by 8:15 Moscow time on October 16 grew by $0,62 (1,08%) - up to $57,79 for barrel. To closing of the previous session the contract rose in price for $0,92 (1,64%) - up to $57,17 for barrel, the Russian Agency of...

Project cost of "The Southern gas corridor" is specified

Project cost of "The Southern gas corridor" is estimated at 41,5 billion dollars. The head of CJSC "The Southern gas corridor" Avhan Isaev at the International oil summit of Argus 2017 in Baku reported about it. From this amount of financing of 11,8 billion dollars fall to the share of Azerbaijan. From this amount 7,8 billion dollars are...

The Academic forum held with assistance of OSCE is directed to assistance to economic cooperation with Afghanistan

Representatives of government structures, diplomats and also experts of research institutes and economic sectors from the countries of Central, Southern and Southwest Asia participated in the Academic forum organized last week with assistance of OSCE within the Seventh conference of regional economic cooperation on Afghanistan (RECCA VII). It is reported on the website of the...

Financial news of the last week

Last week at the biddings of the State commodity and raw exchange of Turkmenistan 32 transactions were registered. For foreign currency entrepreneurs from Russia, Turkey, Latvia, Pakistan and Kyrgyzstan purchased flannel fabric, cotton yarn and cotton waste, cotton-fiber. Total amount of transactions exceeded 3 million 930 thousand US dollars. For manat funds entrepreneurs from Russia and Pakistan purchased cotton...

The results of work of energy industry for 9 months 2017 are summed up

Today in the central building of the oil and gas complex of Turkmenistan the reporting meeting under the chairmanship of the vice-chairman of Cabinet council Maksata Babayev on which results of work of the entities of the industry for last 9 months 2017 have been discussed took place. During the meeting with detailed reports about the...

In the oil and gas complex of Turkmenistan the new book of the President Gurbanguly Berdimuhamedov was presented

Today in the second half of day in the central building of the oil and gas complex of Turkmenistan the presentation new book of the President Gurbanguly Berdimuhamedov "Turkmenistan — the Heart of the Great Silk Way" took place. Heads and employees of State concerns "Turkmengas", "Turkmennebit", the State corporation "Turkmengeology", CJSC "Nebitgazkhyzmat" and industry scientific institute...

Egypt will not join the agreement of OPEC+

Egypt does not plan to join the agreement on reducing oil production of OPEC and some other states (OPEC+). The minister of the country Sherif Ismail reported about it, ANI reports. "Egypt will not join the agreement of OPEC  as the country practically exports nothing, and the main part of the extracted raw materials is used at...

On Council of heads of states of the CIS the President of Turkmenistan announced an initiative of creation of new mechanisms of partnership

Speaking at a meeting Council of heads of states of the CIS in Sochi, the President of Turkmenistan Gurbanguly Berdimuhamedov announced an initiative of creation of new mechanisms of partnership between the Commonwealth countries. Having touched upon an interaction subject in the political sphere, Gurbanguly Berdimuhamedov emphasized that Turkmenistan is respectful to a cooperation with the...

Turkmenistan and the People's Republic of China develop a cooperation in the sphere of innovations

In the capital Center of technologies of Academy of Sciences of Turkmenistan the First Turkmen-Chinese forum "Innovations, New Technologies and Questions of Their Implementation in Production" started on October 11. The Academy of Sciences of Turkmenistan and the Ministry of science and technology of People's Republic of China acted as its organizers. As the President Gurbanguly...

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