President Serdar Berdimuhamedov proposed to the new Mejlis of Turkmenistan to amend the Tax Code, Customs Code and other laws to improve the business climate in our country.

Opportunities for expanding economic cooperation were discussed Wednesday at a meeting between President Serdar Berdimuhamedov and a US business delegation headed by Executive Director of the Turkmen-American Business Council Eric Stewart.

The world’s first BP offshore platform capable of remote control is being built in Azerbaijan, Gary Jones, BP Regional President for Azerbaijan, Georgia and Turkey, said, PRIME reported.

Issues of intensifying cooperation in increasing the volume of trade between the two countries were discussed by the Chairman of the Halk Maslakhaty of Turkmenistan Gurbanguly Berdimuhamedov and the Chairman of the Union of Chambers and Exchanges of Turkey Rifat Hisarciklyoglu.

The State Concern “Turkmennebit” has announced an international open tender for the development of proposals for the design, supply of equipment and materials, turnkey construction and provision of services for the commissioning of a separation, condensate collection and pumping unit at the Uzynada field.

Turkmenistan has acquired new mobile drilling rigs made in China, which will help accelerate the pace of work on the development of oil and gas fields in our country. Machines of the XJ 450 and XJ 650 series have already been tested at the Barsagelmez and Gonurdepe fields in the Balkan region.

Last week, 32 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan.

Last Friday, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers by digital system, at which the results of the elections of deputies of the Mejlis of Turkmenistan, members of the velayat (regional), etrap (province), city halk maslahaty and gengeshes were considered.

At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, held on Wednesday, March 29, 7 transactions were concluded for a total of $1.3 million.

Production well No. 148 with a design depth of 2,060 meters is being drilled at the Guyjik area in the Balkan region.

A laboratory of refrigeration and air conditioning units was opened at the International University of Oil and Gas named after Yagshygeldi Kakaev with the assistance of the Ministry of Agriculture and Environmental Protection of Turkmenistan, together with the UN Regional Organization for Industrial Development (UNIDO).

The final results of the nationwide elections of deputies of the Mejlis, members of the halk maslahaty and Gengeshes, held on March 26, were summed up on Wednesday at a meeting of the Central Commission for Elections and Referendums in Turkmenistan (CEC), TDH reports.

Oil and gas production department «Gumdagnebit» of the State Concern «Turkmennebit» in January-February 2023, held under the motto «The Year of Happy Youth with Arkadagly Serdar», ensured the production of about 91 thousand tons of oil from existing wells. At the same time, the plan for the reporting period was fulfilled by 112 percent. Compared to the same period last year, the achieved growth rate exceeded 124 percent.

A commercial flow of natural gas was obtained at the production and appraisal well No. 01 of the Yylan gas field, located in the territory of the Mary region. This was the result of successful drilling operations carried out by specialists of the drilling teams of the management «Turkmengasburavlaiysh» of the State Concern «Turkmengas».

The International Forum to Attract Foreign Investments in Turkmenistan's Energy Sector will be held on April 26-27, 2023 in Dubai, UAE.