Korean company to build chemical complex for mineral fertilizer production in Turkmenistan
16:45 26.05.2025 3411
Korean company Daewoo Engineering & Construction will build a new complex for the production of mineral fertilizers in Turkmenistan. This is envisaged by the decree of the President of Turkmenistan Serdar Berdimuhamedov, according to which the State Concern "Turkmenchemistry" is allowed to conclude a contract with this company.
The contract with Daewoo Engineering & Construction Co., Ltd provides for the design and construction of a production complex for the production of 350 thousand tons of superphosphate and 100 thousand tons of ammonium sulfate per year in the structure of the Turkmenabat Chemical Plant named after S.A. Niyazov.
As noted in the decree, the contract is aimed at providing domestic agricultural producers with the necessary phosphorus fertilizers and the production of new types of mineral fertilizers.
Turkmen-Vietnamese business forum aims to realize the potential of bilateral cooperation
On June 29, the capital of Vietnam hosted a Turkmen-Vietnamese business forum aimed at developing new solutions and approaches to realizing the potential of bilateral cooperation and building up trade and economic relations between Turkmenistan and Vietnam. This is reported by the website of the Foreign Ministry of Turkmenistan.
Turkmenistan and Malaysia intend to deepen cooperation in the energy sector
Following the official visit of the President of Turkmenistan Serdar Berdimuhamedov to Malaysia on December 18-19 and talks with Prime Minister Anwar Ibrahim, a Joint Statement and a package of documents were signed, TDH reports.
Raisi: Iran is ready to continue sending Turkmen gas in a swap to Azerbaijan
Iran is ready to continue sending Turkmen gas to Azerbaijan through its territory. Iranian President Ebrahim Raisi stated this on Wednesday at a meeting with President of Turkmenistan Serdar Berdimuhamedov, the Iranian news agency IRNA reported.
President of Turkmenistan holds meeting with Petronas management
President of Turkmenistan Serdar Berdimuhamedov visited the headquarters of Petronas, the country's largest oil and gas company, during his official visit to Malaysia on December 18-19. During the meeting, the head of Turkmenistan discussed with the company's management priority areas of bilateral cooperation, the current state and prospects of partnership between Turkmenistan and Petronas in the energy sector, TDH reports.
Oil prices fall and end the week in the red, Brent - $108.84 per barrel
Oil prices fall on Friday, ending the week with a decline amid fresh signals that the US economy is slowing down and demand for energy resources may decline, Interfax reports.