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President of Turkmenistan Gurbanguly Berdimuhamedov made a working trip to Akhal region on Thursday, where he got acquainted with the state of Affairs on the construction of a large gasoline production plant from natural gas in Ovadandepe. During the brief meeting, Vice-Chairman of the Cabinet of Ministers M. Meredov reported on the work on the further...

In 2018, the average monthly number of operating oil and gas drilling rigs in the world increased. Last year, this figure increased to 2,211 units compared to 2,029 in 2017. According to the data of the American oil service company Baker Hughes, last month the global number of drilling rigs decreased to 2,244 against 2,266 in...

A private enterprise for the production of plastic bags and polypropylene pipes was put into operation in the city of Bayramali, Mary region. Under the contract with individual enterprise "Eşretli kenar", object, equipped with modern equipment from leading manufacturers, built "turnkey" business entity "Alemabat". The technological line of the new enterprise is designed to produce 1...

The Asian Development Bank (ADB) approved $4.5 million cluster regional technical assistance provided in the form of a grant to support the expansion of regional electricity trade within the Central Asian Energy System (CAEC), to examine the potential accession of Turkmenistan to CAEC and further expand the system in Afghanistan, according to information on the...

On the morning of January 9, world oil prices are rising by more than 1% against the background of investors' hopes that the US and China will be able to resolve their trade contradictions. This is evidenced by the data of the auction. As of 8.25 Moscow time, the price of March futures for North Sea...

The World Bank (WB) lowered its forecast for the average oil price for the next two years to $ 67 per barrel. This is $ 4 below its December forecast. In December, the World Bank expected the average price of oil for the next three years at $71 per barrel, in the June report - $69...

The state concern "Turkmengas" is the official partner of the 11th rally-RAID, passing on the African route Dakar-Africa Eco Race. In the world of motor racing rally RAID Africa Eco Race is one of the most prestigious competitions. The race takes place on the historical route of Dakar. It starts from Morocco, passes Through Western Sahara...

Vice-Chairman, foreign Minister of Turkmenistan Rashid Meredov said at the government meeting last Friday about the preparations for the first meeting of the foreign Ministers of the countries-participants of the Dialogue "Central Asia — India", which will be held on January 12-13 in Samarkand (Uzbekistan). The agenda of the meeting will include the strengthening of economic...

Analytical publication Global Petrol Prices (USA), published the next ranking of countries on gasoline prices. Of the 150 countries in the world for which experts weekly monitor the prices of petroleum products, Turkmenistan took the seventh place in the ranking on the cheapness of gasoline as of December 31, 2018.  According to the analytical data of...

13 transactions were registered at the trades of the State commodity exchange of Turkmenistan last week. For foreign currency, entrepreneurs from Afghanistan bought gasoline produced at the Turkmenbashi complex of oil refineries. In addition, vehicles, colorless sheet glass and cotton fiber were realized. The buying countries: UAE, Ireland and Afghanistan. The total amount of transactions exceeded $32 million...

From the beginning of this year Turkmenistan starts to implement the Concept of development of the digital economy, designed for the period of 2019-2025, ORIENT News Agency reports. The concept, approved by the decree of President Gurbanguly Berdimuhamedov at the end of November 2018, is aimed at improving the efficiency of the functioning of all sectors...

In the framework of the National reform program Gubadag etrap of Dashoguz region, construction of gas pipelines of average pressure, according to the website "Turkmenistan: Golden age". These days specialists of the Directorate of Dashoguz Association "Turkmengeology" lay of the gas communication to the buildings of the village of "Gaty Oy" peasant Association "Jeyhun". Its total...

President of the Russian Federation Vladimir Putin in his New year's message to President Gurbanguly Berdimuhamedov drew attention to new opportunities for strengthening mutually beneficial cooperation, the press service of the Kremlin tells. "The recent entry into force of the Treaty on strategic partnership between the Russian Federation and Turkmenistan opens new opportunities to strengthen mutually...

The Turkmenbashi-Makhachkala ferry line, which will be launched in 2019, is a large-scale project for the region. The renewed route will not just connect two ports, but will become a transit point from which a full-fledged transport corridor to the Black sea will be built. Reports a specialized website korabel.ru. According to the head of the...

In 2019, Turkmenistan will chair the Commonwealth of Independent States. The decision to transfer the chairmanship of the CIS from Tajikistan to our country was made at the suggestion of the Turkmen side at the summit of the heads of the CIS member States, which was held in Dushanbe in September 2018. The next meeting of...