News

The number of participants in the international oil and gas road show of Turkmenistan in Dubai is growing

Already two hundred delegates representing 80 companies and organizations, government delegations from more than 20 countries have confirmed their participation in the international road show "Oil and gas of Turkmenistan-2020", which starts on February 24 in Dubai (UAE) at the Hyatt Regency-Dubai Creek Heights. During the forum, heads of international oil and gas companies and representatives...

“Turkmengas”to purchase equipment from the Malaysian Serba Dinamik for the Turkmen section of TAPI

The State Concern “Turkmengas” will purchase materials and equipment from the Malaysian company Serba Dinamik for the construction of the Turkmen section of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. The corresponding decree allowing “Turkmengas”to conclude a contract was signed by President Gurbanguly Berdimuhamedov at a government meeting last Friday. According to the document, “Turkmengas” will conclude a...

Turkmen Foreign Minister discusses joint projects in Afghanistan and India

The implementation of large-scale and long-term infrastructure projects was discussed during a visit by a delegation of the Ministry of Foreign Affairs of Turkmenistan headed by Foreign Minister Rashid Meredov to Afghanistan and India, the website of the Foreign Ministry of Turkmenistan reports. In particular, on February 1, the Turkmen delegation was received by the President...

State Commodity Bidders - Fuel and Energy Products and Textiles

At the State Commodity and Raw Materials Exchange of Turkmenistan, 40 transactions were registered last week. Entrepreneurs from Russia purchased high-density polyethylene (SC “Turkmengas”) for foreign currency, and business representatives from Turkey and Uzbekistan bought cotton yarn and colorless flat glass, respectively. The total amount of transactions exceeded 1 million 220 thousand US dollars. Businessmen from the United...

In the area of Uzynada received a new influx of hydrocarbons

During the test of exploratory well No. 1 on the Uzynada area from red-colored deposits in the range of 6,746-6,752 meters in January 2020, an inflow of raw materials was obtained with a daily flow rate of 106 thousand cubic meters of natural gas and 143 tons of gas condensate. The promising area of Uzynada, located...

Tajikistan accelerates construction of Central Asia – China gas pipeline

As part of the project for the construction of the fourth line (D) of the Central Asia - China gas pipeline, the construction of the first facility in Tajikistan will be completed by 2020, TajikTA reports. The first tunnel in the Rudaki area is nearing completion. Soon, construction of other facilities of this gas pipeline...

Turkmenistan is the leader in terms of deliveries of jet fuel to Georgia

In 2019, Turkmenistan became the largest supplier of aviation kerosene to Georgia. Last year, more than 40 thousand tons of jet fuel were sent to this Republic, which accounted for 40% of the total volume of Georgian aviation fuel imports. Turkmenistan has been among the leading exporters of jet fuel to Georgia for several years, ahead...

Oil continues to get cheaper on virus alerts in China

Oil prices are lower at auction on Tuesday after falling to the lowest values since mid-October at the end of previous trading amid concerns about energy demand due to an outbreak of pneumonia in China, the causative agent of which was a previously unknown coronavirus. According to INTERFAX, the price of March futures for Brent oil...

Europe increases LNG imports amid declining domestic gas production

(LNG) in the world, Interfax reports, citing a review by Global Gas Analytics (GGA). The total volume of LNG imports into the EU in 2019 increased to 75 million tons, which is equivalent to 100 billion cubic meters, compared to about 62 billion cubic meters in 2018. LNG accounted for approximately 25% of EU imports last...

Balkanabad “forge” of personnel for the oil industry of Turkmenistan

In oil production and processing, specialists of any level must have a high level of qualification, a good education, and at least a basic knowledge of professional software. One of the renowned educational institutions of the oil and gas industry in our country is Balkanabad Oil secondary professional school SC "Turkmennebit" (BOSPS). Every year, more than...

Turkmenistan and Hungary set priority areas for partnership

Energy was a key topic on the agenda of the fourth meeting of the Turkmen-Hungarian intergovernmental Commission on economic cooperation, held in Budapest, the Turkmen news Agency ORIENT reports. In this aspect, the TRANS-Caspian gas pipeline project was considered as a possible route for transporting Turkmen gas to Europe. Projects in the field of gas chemistry...

New vice-chairmen of the “Turkmengas” State Concern and the “Turkmengeology” State Corporation appointed

President Gurbanguly Berdimuhamedov signed a decree appointing new vice chairmen of the “Turkmengas” State Concern and the Turkmengeology State Corporation. In particular, by the decree of the head of state, Berdimyrat Amanov was appointed vice chairman of “Turkmengas” Group of Companies. Nepes Byashimov, who held this position, was relieved of work for his shortcomings and as he...

47.9 billion cubic meters of gas exported from Central Asian countries to China in 2019

In 2019, more than 47.9 billion cubic meters of natural gas was delivered to China via the transnational Central Asia - China gas pipeline, Xinhua news Agency reported, citing data from the PetroChina West Pipeline Company.  In 2018, the volume of gas exports from Central Asian countries to China amounted to 47.49 billion cubic meters, most...

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