News

The first combined steam and gas power plant was put into operation in Turkmenistan

With the participation of President Gurbanguly Berdimuhamedov, the first combined-cycle power plant in Turkmenistan was put into operation on September 8. The new facility was built on the territory of Mary HPP, where celebrations were held to mark the opening of the new power plant and the day of workers of the energy industry of...

In the top of stock trading – oil and cotton products, Portland cement and flat glass

Last week, 15 transactions were registered at the auction of the State commodity exchange of Turkmenistan. For foreign currency, representatives of the business community of UKand Switzerland purchased lighting kerosene produced at the Turkmenbashi complex of oil refineries. In addition, knitwear, cotton wool, cotton fiber, roots and rhizomes of licorice, Portland cement, as well as colorless...

Possibilities of development of cooperation between Turkmenistan and European companies discussed in Austria

Opportunities for the development of cooperation between Turkmenistan and European companies were discussed at the investment and partnership forum "Turkmenistan-the heart of the great silk road", which was held on September 5-6, 2018 in Vienna (Austria). This was reported today on the website of the Ministry of foreign Affairs of Turkmenistan. The forum included presentations on...

Ashgabat hosts the international review of the electric power industry of Turkmenistan

On the eve of the international exhibition and conference "Main directions of development of the energy industry of Turkmenistan" started in the chamber of Commerce and industry. The specialized forum was organized by the Ministry of energy and the chamber of Commerce and industry. Traditionally held on the eve of the day of energy industry workers, the...

Participants of the Turkmen-Austrian business forum discuss prospects of investment cooperation in Vienna

Representatives of about 125 European companies took part in the Turkmen-Austrian business forum, which opened on September 5 in Vienna, according to the website of the Union of Industrialists and entrepreneurs of Turkmenistan (UIET). A major economic mission of 70 representatives of the public and private sectors of Turkmenistan arrived in the Austrian capital to participate...

Ensuring stable supplies of energy resources to foreign consumers is one of our priority goals , - President of Turkmenistan

President Gurbanguly Berdimuhamedov addressed an appeal To the participants of the International exhibition and conference "the Main directions of development of the energy industry of Turkmenistan", which opened today in Ashgabat. All the necessary conditions have been created for the modernization of the energy industry, which is due to the high dynamics of the growth of...

Oil prices are falling

World oil prices on Wednesday are falling after subsided fears of a sharp decline in production due to the storm "Gordon" in the Gulf of Mexico, according to the auction, RIA Novosti reported. As of 8.22 GMT, the cost of November futures for the North sea oil mixture of the Brent brand decreased by 0.42% —...

Gurbanguly Berdimuhamedov acquainted with the progress of major projects by the helicopter

On Tuesday, the President of Turkmenistan made a flight around the major new buildings of the capital. The leader of the country by the helicopter got acquainted with the situation on the construction of a number of facilities and the implementation of programs for the modernization of social infrastructure and improvement of the city. Before the...

Brent is stable - $78.13 per barrel, WTI goes up - to $70.11 per barrel

The price of Brent crude oil on September 4 is slightly reduced after the growth on the eve, while WTI is growing in price on fears of supply disruptions due to tropical storm "Gordon". This is evidenced by the auction. The price of November futures on Brent on the London stock exchange ICE Futures to 8:08...

China will remain dependent on gas imports, - Global Platts

The company PetroChina, the largest producer and distributor of oil and gas in China, owned by the Chinese oil and gas Corporation, plans to increase domestic production of natural gas. However, even with efforts to increase production, supply will lag behind actual demand for clean fossil fuels. That is, in the foreseeable future China will...

Gas pipeline TAPI will contribute to the improvement of relations between Pakistan and Afghanistan

The Turkmenistan-Afghanistan-Pakistan-India pipeline will help the Turkmen gas consuming countries not only to resolve the energy crisis, but also to improve bilateral relations. This opinion was expressed by the researcher of the Islamabad Institute of strategic vision Harim Akdas in his article "TAPI pipeline Project: the way forward", news agency ORIENT reports. As the author notes,...

Oil gets cheaper: Brent $77,53 per barrel, WTI - $69,67

World oil prices are falling on September 3. This is evidenced by the auction data. As of 8.28 GMT, the cost of November futures for the North Sea Brent crude oil mixture decreased by 0.14%, to $77.53 per barrel, October futures for WTI crude oil - by 0.19%, to $69.67 per barrel. According to the August OPEC...

The amount of export transactions at the auction amounted to approximately 75 million U.S. dollars

Last week, 169 transactions were registered at the auction of the State commodity exchange of Turkmenistan. For foreign currency, entrepreneurs from Russia, China, UK, UAE, Turkey, Afghanistan, and others purchased aviation kerosene, gasoline, hydro-treated diesel fuel, oil road bitumen, total oil coke produced at the Turkmenbashi complex of oil refineries. Also, representatives from the UAE purchased carbamide...

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