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The United States of America is aware of the important role of the Southern Gas Corridor (SGC), both in terms of economic benefits for the states of the Caspian region and for the diversification of Europe’s energy supply. Sandra Oudkirk, adviser to the US Undersecretary of State for Energy Diplomacy, who is on a visit...

The European Union and Azerbaijan have offered Turkmenistan to join the Southern Gas Corridor (SGC) project, so the decision for Ashgabat. This is reported with reference to the European Commissioner for the budget and human resources Günther Oettinger, according to the Russian “Prime” Agency. Turkmenistan received an invitation to the SGC at a meeting of the...

The construction of the transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI) was among the main topics of negotiations between President of Turkmenistan Gurbanguly Berdimuhamedov and President of Afghanistan Ashraf Ghani, who was in Ashgabat on an official visit on February 21. During a briefing for media representatives after the talks, the leaders of the two countries noted...

Today, Afghan President Mohammad Ashraf Ghani arrives in Ashgabat on an official visit, the website of the Ministry of Foreign Affairs of Turkmenistan reports. As noted, during the visit on February 21, the President of Turkmenistan Gurbanguly Berdimuhamedov will meet with his counterpart from Afghanistan, during which the leaders of the two countries will discuss the...

The dates of the industry international forums in the sphere of fuel and energy complex of Turkmenistan in 2019 became known. The website of the chamber of Commerce and industry of Turkmenistan published the List of exhibitions, fairs, conferences and festivals held by ministries and departments in 2019. Thus, the X international gas Congress of Turkmenistan...

The foreign Ministry of Turkmenistan held political consultations with the Japanese delegation headed by the head of Department of Central Asia and the Caucasus the country's foreign Ministry Tomiyamo Mikito. This is reported by the website of the foreign Ministry of our country. During the meeting, the parties discussed promising areas of cooperation, political, trade, economic...

The implementation of the southern gas corridor (SGC) project, designed to supply Azerbaijani gas to Europe, has entered its final stage. This was stated at the Munich security conference by Azerbaijani energy Minister Parviz Shahbazov, TASS reported. According to the Azerbaijani Minister, the start of deliveries is scheduled for the end of 2020. Although the SGC...

58 transactions were registered at the trades of the State commodity exchange of Turkmenistan last week. For foreign currency, entrepreneurs from the UK, UAE, Switzerland, Turkey, Afghanistan, Estonia, Kyrgyzstan purchased low-sulfur fuel oil, hydrotreated diesel fuel, base oil, diesel fuel, gasoline produced at the Turkmenbashi complex of oil refineries. Businessmen from Afghanistan bought diesel fuel produced at...

World prices for oil are rising, prices for Brent oil are in the region of the maximum since the fall of 2018 against the background of decreasing demand for OPEC countries, the available data of traders. As of 7.44 Moscow time, the price of April futures for North Sea Brent crude oil mixture rose by 0.63%...

The price of oil without OPEC+ deals could fall to $ 25 per barrel. This was announced by the Minister of Energy of the Russian Federation Alexander Novak during the Russian Investment Forum in Sochi. “Overproduction would be large enough (without an OPEC+ transaction - ed.), the reserves would grow significantly and exceed the average five-year...

The non-OPEC countries participating in the agreement to reduce oil production in January fulfilled the terms of the deal by only 25% due to increased production in Kazakhstan and low rates of reduction in Russia and Azerbaijan, according to the February report of the International Energy Agency (IEA), TASS reports. According to the IEA estimates, in...

A number of Azerbaijani-Turkmen documents were discussed at the plenary session of the National Parliament of Azerbaijan on February 12, Trend reports. Deputies discussed the Joint Declaration of the Presidents of Azerbaijan and Turkmenistan, the Agreement "On the simplification of the visa regime for participants of international transport carried out with the crossing of the territories...

One of the priority areas of sectoral research institutions should be the development of recommendations for the innovative development of the oil and gas industry, including digital well projects and fields. The urgency of this task was stated by President Gurbanguly Berdimuhamedov at a government meeting held last Friday. The head of state focused on the...

The possibilities for further development of cooperation were discussed at a meeting in the administrative building of the oil and gas complex of Turkmenistan with a delegation of the international company Petronas (Malaysia), headed by the Vice-President and Chief Executive Officer Datuk Mohd Anuar Bin Taib. Petronas Carigali (Turkmenistan) SBN BHD has been operating in our...

Last week, 17 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan. Entrepreneurs from Panama purchased straight-run gasoline from the Seydi oil refinery for foreign currency. In addition, representatives of business circles of Russia, the United Arab Emirates, Turkey, Ukraine, and Uzbekistan purchased plain glass, Portland cement, and cotton yarn. The total...