News Archive (2020-5-22)

Turkmengas diversifies production of Kiyanly Polymer Plant

The State Concern “Turkmengas” plans to diversify its production facilities at the Kiyanly Polymer Plant. In May, the concern announced a second international tender for the construction of an isobutane production unit at this plant. Turkmengas first announced a tender in March this year for construction work to diversify the use of natural gas at this...

Oil prices falls on negative signals from China, Brent fell to $34.4 per barrel

Oil prices fall on Friday after rising the day before to six-week highs, according to Interfax. A negative impact on the market was provided by the information that China for the first time since 1994 will not set a target for annual GDP growth rates due to the consequences of the coronavirus epidemic. In addition, the...

Enterprises of the fuel and energy complex of Turkmenistan are guided to export

One of the priority areas of the strategy implemented by President of Turkmenistan Gurbanguly Berdimuhamedov is the development of foreign economic relations. At a meeting of the Cabinet of Ministers on May 8, the head of state again drew attention to this, instructing to intensify work to increase the volume of exports of products manufactured...

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