News Archive (2018-10-22)

Inauguration of a new petrochemical complex took place in an atmosphere of great celebration, Joy Sul Ki, the Manager of the company "Hyundai Engineering Co., Ltd."

– I am very happy that I witnessed a Grand event that will certainly go down in the history of the oil and gas complex of Turkmenistan. The successes achieved by your country on the path of progressive development have aroused sincere admiration among foreign guests. The opening ceremony of the new gas chemical complex was...

Oil continues to grow moderately, Brent is trading at $80 per barrel

Oil prices continue to recover at a moderate pace on Monday morning, investors estimate the growth rate of production in the US and the prospects for oil production in Libya, INTERFAX reports. December futures on Brent on the London stock exchange ICE Futures to 8:16 GMT rose by $0.24 (0.3%) - to $80,02 per barrel. At...

OPEC failed to increase oil production

OPEC headquarters announced the inability of its members and allies to increase oil production as expected. It is reported by IRNA, citing Reuters. The document, which was on the agenda of the technical delegation of this organization, is another evidence of the lack of opportunity to replace Iran's share in the world market. According to Reuters, at...

Saudi Arabia will allocate new investments for the construction of the TAPI gas pipeline

Saudi Arabia will allocate additional investments for the construction of the Turkmen section of the Turkmenistan-Afghanistan-Pakistan-India transnational gas pipeline (TAPI). As Vice-Chairman of the Cabinet of Ministers of Turkmenistan Myratgeldi Meredov noted at the government meeting last Friday, the decision to invest in the TAPI project was announced by the Minister of trade and investment...

In the top of the trading session of gtsbt - oil and cotton products

53 transactions were registered at the trades of the state commodity exchange of Turkmenistan last week. For foreign currency, entrepreneurs from Russia, Switzerland, the UAE, UK, Turkey, Estonia, Georgia, Kazakhstan, Uzbekistan, Kyrgyzstan, Afghanistan purchased low-sulfur fuel oil, oil road bitumen produced at the Turkmenbashi complex of oil refineries. Businessmen from Switzerland, Hong Kong, Kazakhstan purchased oil...

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