News

The XXIII international forum "oil and gas of Turkmenistan" opened in Ashgabat

Today, the XXIII international exhibition "oil and gas of Turkmenistan" and a conference on trends and prospects of international cooperation in the field of fuel and energy were opened in Ashgabat in the building of the chamber of commerce and industry of Turkmenistan. The organizers of the industry forum were the state concern "Turkmenneft "in...

Steel pipe for TAPI gas pipeline are received in Turkmenistan

Turkmenistan continues to receive steel pipes for the construction of the TAPI gas pipeline. Information about this was made during the working video conference, which was held on Monday by President Gurbanguly Berdimuhamedov with the participation of some Deputy Chairmen of the Cabinet of Ministers and heads of a number of ministries and sectoral departments. In...

Oil prices are steadily rising: Brent - $67,31 per barrel, WTI - $57,14

Oil prices began the week with strong growth. This is evidenced by the auction data. January Brent oil futures on the London stock exchange ICE Futures rose by $0.55 to $67.31 per barrel by 8:07 GMT on November 19. The contract for WTI oil with delivery in December at the electronic trading of the New York...

At the exchange session products of oil refining, sheet glass and yarn led

Last week, 267 transactions were registered at the State commodity exchange of Turkmenistan. For foreign currency entrepreneurs from the United Arab Emirates, Kazakhstan, Afghanistan and other countries purchased liquefied gas. Also for foreign currency colorless sheet glass and cotton yarn were implemented. The buyer countries: Russia, UAE, Hong Kong, Turkey, Kyrgyzstan. The total amount of transactions...

Oil prices rise: Brent - $67,17 per barrel, WTI - $56,88

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...

In Ashgabat the agreements with ADB on energy projects were signed

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 President of Turkmenistan and the head of the ADB discussed the possibility of enhanced cooperation

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...

International conference "Oil and gas of Turkmenistan-2018" will be held in Ashgabat on November 20-21

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...

Demand for oil in the world by 2040 will grow by 12% - IEA

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...

The President of Turkmenistan outlined the priorities in the field of fuel and energy complex

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...

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