ADB to support Turkmenistan in transition to a green economy
06:49 05.11.2024 4845
As part of the new partnership strategy of the Asian Development Bank (ADB) with Turkmenistan for 2024-2028, the bank will focus on supporting climate adaptation and green transformation. This was stated by ADB Resident Representative in Turkmenistan Artur Andrisiak at the international conference “Construction, Industry, Energy of Turkmenistan” (CIET 2024) in Ashgabat, the State Television and Radio Broadcasting Company of Turkmenistan reports.
Artur Andrisiak noted that ADB will pay special attention to projects aimed at reducing emissions and decarbonizing the energy, transport, agriculture, and urban infrastructure sectors.
Among the significant initiatives, Andrisiak highlighted the development of solar and wind energy, including a grant for the installation of wind turbines, as well as a project to strengthen the national power grid to increase its resilience to climate change.
These measures, he said, will allow Turkmenistan to reduce its dependence on fossil fuels and increase electricity exports to regional markets.
The speaker also noted ADB's cooperation with the Ministry of Energy of Turkmenistan aimed at modernizing gas power plants and increasing the share of renewable energy.
An important area of work, according to him, will be the creation of a roadmap for a low-carbon transition in the energy sector, which will attract additional investment in energy efficient solutions.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Products of oil refineries were sold at the auction
Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Dynamic development of national investments is carried out at the fields of Turkmenistan
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.
Turkmenistan started exporting gasoline A-98 of EURO-5 and EURO-6 standards
Turkmenistan has started exporting A-98 gasoline of EURO-5 and EURO-6 standards, the first batches were sold to entrepreneurs from the United Arab Emirates and Afghanistan.