News

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...

President of Turkmenistan and Minister of Trade and investment of Saudi Arabia discussed the possibility of implementing joint projects

The possibility of implementing joint projects in key areas for the national economies of the two countries was discussed at the meeting of the President of Turkmenistan Gurbanguly Berdimuhamedov with the Minister of trade and investment of Saudi Arabia Majid bin Abdullah al Qasabi, who arrived in Ashgabat at the head of a representative delegation...

At the meeting of the Turkmen-Saudi intergovernmental Commission the directions of activization of cooperation were defined

The 6th meeting of the intergovernmental Turkmen-Saudi Commission on trade and economic cooperation was held in the Central building of the oil and gas complex of Turkmenistan.  The meeting was attended by Deputy Chairman of the Cabinet of Ministers of Turkmenistan Myratgeldy Meredov, heads and representatives of a number of leading ministries and departments, including...

Gurbanguly Berdimuhamedov laid a green area near the new gas-chemical complex in Kiyanly

At the end of the opening ceremony of the polymer plant in the village of Kiyanly, President Gurbanguly Berdimuhamedov took part in the start of the autumn planting campaign, planting the first tree near the territory of the new gas chemical complex. Representatives of all sectors of the national economy, the diplomatic corps accredited in Turkmenistan,...

Oil prices rise: Brent- $ 80,08 per barrel, WTI - $69,81

December futures for Brent crude oil by 8:13 GMT on October 18 added only $ 0.03 and amounted to $80.08 per barrel. This is evidenced by the auction data. Quotations of the November WTI oil contract rose to 8: 14 GMT at $0.06, to $69.81 per barrel. As a result of trading on October 17, the value...

The Turkmen leader got acquainted with the unique technology of gas-chemical complex in Kiyanly

At the opening ceremony of the gas chemical complex in Kiyanly for the production of polyethylene and polypropylene, President Gurbanguly Berdimuhamedov started production at the push of a button and got acquainted with the unique technologies introduced at the plant. Major investment projects worth over 3.4 billion US dollars implemented by the State concern "Turkmengas" jointly...

The gas chemical complex in Kiyanly was marked by certificates of foreign organizations

Turkmenistan attaches great importance to the widespread introduction of environmentally friendly and resource-saving technologies in industry, including in the oil and gas, electric power and chemical industries. This was stated today by President Gurbanguly Berdimuhamedov at the opening ceremony of a new gas chemical complex in Kiyanly in the coastal zone of the Caspian sea. During...

The grand opening ceremony of a new polymer plant in Kiyanly

This morning, the opening ceremony of the Kiyanly gas chemical complex for the production of polyethylene and polypropylene from natural gas began at the stage of Turkmenbashi Balkan region with the participation of the President of Turkmenistan Gurbanguly Berdimuhamedov. This is the first enterprise of this profile in the region, which will annually process 5 billion...

Gurbanguly Berdimuhamedov invited Shavkat Mirziyoyev to pay an official visit to Turkmenistan

The priorities of interstate cooperation were discussed by phone by President of Turkmenistan Gurbanguly Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev. The interlocutors noted with satisfaction the progressive dynamics of the interstate dialogue, which, based on the primordial ties of brotherhood and good neighborliness, is filled with new content from year to year. During the conversation, G....

Forum on TAPI gas pipeline opened in Kabul

An exhibition dedicated to the Turkmenistan-Afghanistan-Pakistan-India (TAPI-TAPI) gas pipeline project was opened in Kabul on Monday 15 October to attract the private sector to participate in this large-scale project. The exhibition Committee of the TAPI created in Afghanistan to conduct presentation of demonstrations in the countries-members of the project. This action was held for the first...

2014