News

At exchange auctions, polyethylene produced by the SC “Turkmengas” was purchased for the domestic market

49 transactions were registered at the auction of the State commodity exchange of Turkmenistan last week. Cotton yarn and fabric, colorless sheet glass were sold for foreign currency. Buyer countries: United Arab Emirates, Turkey, Pakistan, Azerbaijan, Uzbekistan. The total amount of transactions exceeded 1 million 266 thousand US dollars. For manat funds, businessmen from the UK, UAE,...

The Transport department of the state concern "Turkmengas": modern technology accelerates the pace of work

The Transport department of the State concern "Turkmengas" consistently replenishes the fleet of existing specialized equipment. Powerful and high-performance cars, tractors and other modern machinery accelerate the transport of goods for drilling rigs control "Turkmenatlary" and other enterprises of the State concern "Turkmengas". Over the past year, the total amount of work performed by this Department...

The head of Turkmenistan instructed all departments and enterprises to create websites and introduce electronic document management by the end of the year

The President of Turkmenistan signed a decree according to which ministries, industry departments, institutions, enterprises and organizations, regardless of their legal form, are required to ensure the creation of an electronic document management system and websites. This regulation also applies to khyakimliks (mayoralty) of the city of Ashgabat and regions, individual entrepreneurs– individuals who carry out...

Yug-Neftegaz Private Limited increases investments in the fuel and energy sector of Turkmenistan

Singapore-based Yug-Neftegaz Private Limited will invest $70 million in a project in Turkmenistan in 2020 under a contract with the State concern “Turkmennebit”. This was announced at the international conference "Oil and gas of Turkmenistan-2020", which was held on February 24-25 in Dubai (UAE). The forum was attended by 300 delegates from 113 large companies from...

Dubai continues to host an international forum to attract foreign investment in the oil and gas industry of Turkmenistan

Today in Dubai (UAE) the international forum continues to work on attracting foreign investment in the oil and gas industry of Turkmenistan. As previously reported, representatives of more than 100 oil and gas companies, financial institutions, research institutes, and experts from almost 40 countries take part in this largest industry event dedicated to the 25th anniversary...

In terms of the number of export transactions, the fuel and energy sector products and the textile industry leads

At the State Commodity and Raw Materials Exchange of Turkmenistan, 42 transactions were registered last week. Entrepreneurs from the Russian Federation, Great Britain, the United Arab Emirates, Turkey, and Afghanistan purchased petroleum coke, base oil, and gasoline produced at the Turkmenbashi complex of oil refineries for foreign currency. High-density polyethylene and technical sulfur (SC “Turkmengas”) became...

Dubai hosts international oil and gas conference

Today, February 24, in the city of Dubai - the largest financial and business center of the United Arab Emirates - the International Conference “TAPI - the gas pipeline of peace and cooperation” and the international forum on attracting foreign investment in the oil and gas industry of Turkmenistan, dedicated to the 25th anniversary of...

OPEC Fund to provide a loan of $10 million for private business projects in Turkmenistan

The OPEC Fund for International Development will provide a loan of $ 10 million to finance private business projects in Turkmenistan. President Gurbanguly Berdimuhamedov signed a resolution the day before allowing the State Bank for Foreign Economic Affairs of Turkmenistan to conclude a loan agreement with the OPEC Fund for International Development to finance projects...

The head of ARETI reported to the President of Turkmenistan on the work carried out

At a meeting with President of Turkmenistan Gurbanguly Berdimuhamedov, head of the “ARETI” International group of companies Igor Makarov reported on the work done to increase the volume of sales of Turkmen gas, oil and oil products in foreign markets, as well as to intensify work on the Turkmen shelf of the Caspian sea. The meeting...

Azerbaijan and Georgia have reduced the tariff for the transit of oil products from Turkmenistan

Transit of oil products from Turkmenistan through Azerbaijan and Georgia will be carried out at new tariffs. Georgian and Azerbaijani railway companies have signed an Agreement on seasonal transit transportation of oil products from Turkmenistan at reduced tariffs, the press service of Georgian railway JSC reported. It is reported that the participants of the negotiations unanimously...

Gurbanguly Berdimuhamedov and Vladimir Putin discussed current areas of partnership between Turkmenistan and the Russian Federation

A telephone conversation took place on Tuesday between President of Turkmenistan Gurbanguly Berdimuhamedov and President of the Russian Federation Vladimir Putin. The heads of friendly states exchanged views on priority issues of interstate relations, built on the principles of strategic partnership. As noted, the commitment of Turkmenistan and Russia to full-scale cooperation on a long-term basis is...

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