News

World oil prices are rising on November 16th morning amid expectations of a reduction in production of raw materials. This is evidenced by the auction data. At 7:57 GMT, the value of January futures of Brent rose by 0.84% to 67.17 dollars per barrel, the price of December futures of WTI increased by 0.74% to 56.88...

On November 12-15, 2018, the 21st international oil and gas exhibition and conference “ADIPES-2018”was held in Abu Dhabi, United Arab Emirates, under the patronage of President Sheikh Khalifa bin Zayed al Nahyan. As reported on the website of the Ministry of foreign Affairs of Turkmenistan, the delegation of our country took an active part in...

Two agreements ‑ on financing of the project to strengthen the power system of Turkmenistan and the project of re-connection of Tajikistan to the Central Asian energy system ‑ by the Asian Development Bank were signed in Ashgabat today, News agency ORIENT reports. The agreements were signed during the 17th Ministerial conference of the Central Asian...

The possibilities for further strengthening of cooperation were discussed yesterday at the meeting of President of Turkmenistan Gurbanguly Berdimuhamedov with President of the Asian development Bank (ADB) Takehiko Nakao, who arrived in Ashgabat to participate in the 17th Ministerial conference of the Central Asia Regional Economic Cooperation (CAREC), which opened today in the capital of...

On November 20-21, the 23rd International conference "Oil and gas of Turkmenistan-2018" (OGT-2018) will be held in the Turkmen capital, ORIENT News agency reports. The forum is organized by the state Concern "Turkmennebit" with the assistance of the French company Cifal Industrial Services. Leaders and representatives of leading oil and gas companies, major international organizations and...

The international energy Agency (IEA) expects an increase in demand for oil in the world by 2040 by 12.1% compared to last year — up to 106.3 million barrels per day, follows from the basic scenario of the annual forecast of the IEA World Energy Outlook, RIA Novosti reports. Thus, the Agency improved its estimate by...

On Monday, President Gurbanguly Berdimuhamedov held a regular video-selector workshop with the participation of some Deputy Prime Ministers, heads of a number of ministries and sectoral departments, hyakim of Ashgabat. During the meeting, the priority tasks of development of the national economy, including in the oil and gas sector, were discussed. In particular, Deputy Prime Minister...

Turkmenistan consider the possibility of supply of natural gas on european market and leads for this reason negotiations with the european Commission. This was stated advisor President of Turkmenistan for oil and gas Yagshygeldi Kakaev on the oil and gas International conference ADIPEC in Abu Dhabi, according to news agency ORIENT. - We consider the export...

The Central building of the oil and gas complex of Turkmenistan hosted the meeting under the chairmanship of the Vice-Chairman of the Cabinet of Ministers Myratgeldy Meredov, at which the results of work of the enterprises of the industry over the past ten months of 2018 were discussed. During the meeting, presentations were made by the...

World oil prices on November 12 in the morning jumped by 1-1.5% on the main brands. This is evidenced by the auction data. At 8:49 GMT, the value of January futures for Brent rose by 1.55% to 71.27 dollars per barrel, the price of December futures for WTI oil - by 0.96% to 60.77 dollars...

The delegation of Turkmenistan headed by the Vice-Chairman of the Cabinet of Ministers and Minister of foreign affairs R. Meredov paid a working visit to the capital of Afghanistan on November 6-8 to discuss important areas of bilateral cooperation. This was reported on the website of the foreign Ministry of Turkmenistan. During the visit, the Turkmen...

Turkey and Turkmenistan discussed issues related to the project of construction of the Trans -Caspian gas pipeline. This was stated by the Turkish foreign minister Mevlut Cavushoglu, who visited Ashgabat last week with a two-day visit, reports news Agency ORIENT. According to the head of the Turkish foreign ministry, during the meeting with his Turkmen counterpart...

Turkmen President Gurbanguly Berdimuhamedov and Turkish foreign minister Mevlut Cavushoglu discussed issues of Turkmen-Turkish cooperation in Ashgabat last Friday. The parties paid special attention to the expansion of partnership in the trade and economic sphere, energy, transport and communication sector. In this regard, the prospects for the creation of the international transit-transport corridor Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey (Lazurite)...

Last week at the State commodity and raw materials exchange of Turkmenistan 23 transactions were registered. For foreign currency, entrepreneurs from the United Arab Emirates purchased straight-run gasoline of the Seydi refinery. Representatives of business circles of Russia, Great Britain, Switzerland, Luxembourg, Turkey, UAE purchased urea of brand "B" (SC "Turkmenchemistry"). In addition, for foreign currency colorless...

The State concern "Turkmengas" will take part in the 21st international oil and gas exhibition and conference ADIPEC-2018, which will be held on November 12-15 in the capital of the United Arab Emirates Abu Dhabi. The forum will include a speech by the head of the Board of Directors of TAPI Pipeline Company Limited, a representative...