Diesel fuel was sold to foreign companies at the auctions, while base oil and petroleum coke were sold to the domestic market
21:05 24.11.2025 3520
19 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Entrepreneurs from the United Arab Emirates and Ukraine purchased urea from Turkmenchemistry and hydrotreated diesel fuel from Turkmennebit for foreign currency.
Cotton yarn, assorted plain-dyed and jacquard terry products, and denim were also sold for foreign currency. The buyers were from Kyrgyzstan and Estonia.
The total value of the transactions exceeded USD 9.15 million.
Local businessmen purchased base oil and petroleum coke from Turkmennebit, as well as cotton yarn, textile waste, plain-dyed and jacquard terry products, Karakul wool, and thick licorice root extract for the domestic market. The total value of the transactions exceeded 278,156,000 manats.
Transactions for the export of LNG and jet fuel were entered at exchange trading
On Monday, August 22, 12 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $5.4 million, the ORIENT news agency reported.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.
Modern Information and Analytical Center for sustainable energy development has been opened in Turkmenistan
Today, March 26, the grand opening of the Information and Analytical Center was held at the Natural Gas Research Institute of the State Concern "Turkmengas". The center is equipped with the latest IT equipment purchased with the support of the European Union project "Green Development of Turkmenistan: Policy Dialogue and Climate Action for 2024-2028", funded by the European Union and the German Foreign Ministry and implemented by GIZ.
Hero-Arkadag and Recep Erdogan noted the rapid development of bilateral cooperation
On Sunday, March 30, a telephone conversation took place between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov and the President of the Republic of Turkey Recep Tayyip Erdogan, TDH reports.
