News

The OPEC + can consider the strategy of exit from the transaction in June, 2018

Russia and a number of member countries of OPEC want to finish operation of the agreement on reducing oil extraction as soon as possible probably in the summer of next year. Such opinion in a conversation with journalists at the summit of the Organization of the Arab petroleum exporting countries (OAPEC) was expressed by the...

Oil prices fall: Brent - $63,14 for barrel, WTI - $57,14

February futures for Brent crude oil in the morning on December 11 decreased by 26 cents (0,4%) - up to $63,14 for barrel. The quotations of the January contract for WTI crude oil fell in price by 23 cents (0,4%) and made $57,14 for barrel, the Russian AOI agency reports. Following the results of the biddings on...

The sum of export transactions at the exchange auctions made up about 97 million US dollars

Past week at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan 158 transactions were registered.  For the foreign currency businessmen from Great Britain, Germany, the United Arab Emirates, Afghanistan, Latvia bought aviation kerosene, gasoline, liquefied gas and low sulphur reduced fuel oil manufactured at Turkmenbashi oil refineries complex and also gasoline produced...

The draft convention on the status of the Caspian Sea includes an issue of a construction of pipelines

The draft convention on legal status of the Caspian Sea includes also a question of a construction of Transcaspian pipelines. The Deputy Minister of Foreign Affairs of Azerbaijan Halaf Halafov reported about it, Trend reports. According to him, the issue of a construction of Transcaspian pipelines will be agreed with the countries through which territories those pipelines will pass.  We...

Kazakhstan plans to construct the LNG plant for further gas export through Azerbaijan

Kazakhstan considers the possibility of a construction of the plant on liquefaction of natural gas for the purpose of its subsequent transportation through the territory of Azerbaijan. The Minister of Energy of this country Kanat Bozumbayev reported about it on a briefing following the results of a meeting of the Azerbaijani-Kazakhstan bilateral intergovernmental commission on a trade...

The oil prices are stable: Brent - $62,20 for barrel, WTI - $56,66

February futures for Brent crude oil by 8:06 Moscow time on December 8 cost $62,20 for barrel, as well as on closing on Thursday. The quotations of the January contract for WTI crude oil sank for the same time for only 3 cents (0,05%) and made $56,66 for barrel. On December 7 oil rose in price...

The prospects of the Turkmen-Korean cooperation discussed in Ashgabat

President of Turkmenistan Gurbanguly Berdimuhamedov received the Extraordinary and Plenipotentiary Ambassador of the Republic of Korea Jong Tae-In, who is completing his diplomatic mission in our country. The Ambassador said that his country attached great importance to strengthening cooperation with Turkmenistan is implementing a policy of "open doors" and a truly mutually beneficial partnership. Stressing the high...

Oil prices rise: Brent - $61,40 per barrel, WTI - $56,06

February futures for Brent crude by 8:06 GMT, 7 December rose 18 cents (0.29 percent) to $61,40 per barrel. Quotes January contract for WTI crude oil rose to the 8:07 GMT 10 cents (0,18%) to $56,06 per barrel, according to Russian news Agency ANI. Oil, felt in price all day yesterday, accelerated lower after the release...

The perspective directions of the Turkmen-Austrian partnership have been discussed

The prospects of strengthening of bilateral economic cooperation were discussed during the ninth meeting of the Turkmen-Austrian joint commission which took place on December 5, 2017 in Ashgabat, it is reported on the website of the Ministry of Foreign Affairs of Turkmenistan. Heads of a number of the ministries and departments, the Union of Industrialists and...

At negotiations on the status of the Caspian Sea in 2018 it is planned to consider a number of documents, including – initiated by Turkmenistan

The Russian Foreign Minister Sergey Lavrov expects that, except the Convention on legal status of the Caspian Sea, also a number of documents on a cooperation in various spheres will be submitted for consideration of leaders of the Caspian states within the meeting in Kazakhstan, including - initiated by Turkmenistan.   "At the initiative of Turkmenistan actively...

The trade turnover between Azerbaijan and Turkmenistan will continue to grow - Ambassador

The trade turnover between Azerbaijan and Turkmenistan will increase. As Trend reports, at the briefing in Baku, said the Ambassador of Turkmenistan in Azerbaijan Mekan Ishankuliev. “Azerbaijan and Turkmenistan are strategic partners. This, of course, due to the fact that our countries, our peoples are historically linked by common culture, common traditions”, - said M. Ishankuliev. According...

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