News

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...

The results of work of the fuel and energy complex for 10 months of 2018 were summed up

The Central building of the oil and gas complex of Turkmenistan hosted the meeting under the chairmanship of the Vice-Chairman of the Cabinet of Ministers Myratgeldy Meredov, at which the results of work of the enterprises of the industry over the past ten months of 2018 were discussed. During the meeting, presentations were made by the...

Oil prices rise: Brent- $ 71.27 per barrel, WTI - $60.77

World oil prices on November 12 in the morning jumped by 1-1.5% on the main brands. This is evidenced by the auction data. At 8:49 GMT, the value of January futures for Brent rose by 1.55% to 71.27 dollars per barrel, the price of December futures for WTI oil - by 0.96% to 60.77 dollars...

Gurbanguly Berdimuhamedov discussed with the Turkish foreign minister the prospects of Turkmen-Turkish cooperation

Turkmen President Gurbanguly Berdimuhamedov and Turkish foreign minister Mevlut Cavushoglu discussed issues of Turkmen-Turkish cooperation in Ashgabat last Friday. The parties paid special attention to the expansion of partnership in the trade and economic sphere, energy, transport and communication sector. In this regard, the prospects for the creation of the international transit-transport corridor Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey (Lazurite)...

Oil refining products and urea were in the lead at the exchange session

Last week at the State commodity and raw materials exchange of Turkmenistan 23 transactions were registered. For foreign currency, entrepreneurs from the United Arab Emirates purchased straight-run gasoline of the Seydi refinery. Representatives of business circles of Russia, Great Britain, Switzerland, Luxembourg, Turkey, UAE purchased urea of brand "B" (SC "Turkmenchemistry"). In addition, for foreign currency colorless...

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