UAE intends to double trade with Turkmenistan in coming years – Ambassador
12:09 02.12.2025 3224
The United Arab Emirates intends to double trade with Turkmenistan in the coming years. This was stated by Ahmed Al-Hay Al Hammeli, UAE Ambassador Extraordinary and Plenipotentiary to Turkmenistan, in an article published in the Neutral Turkmenistan newspaper on the occasion of the national holiday – State Proclamation Day.
The diplomat noted that "the volume of trade between the two countries in 2024 reached $1.759 billion (non-oil trade), representing a 75% increase compared to 2023. The UAE aims to double this figure in the coming years."
According to the ambassador, the UAE ranks third among Turkmenistan's trading partners for the first nine months of 2025. He emphasized the dynamic development of bilateral relations, particularly in the energy sector, noting ADNOC's entry into the Turkmen market.
The diplomat recalled that in May 2025, a production-sharing contract for the development of gas fields in Block No. 1 in the Caspian Sea was signed between XRG (ADNOC's investment arm), Petronas, and state-owned enterprises of Turkmenistan. A long-term gas sales agreement was also concluded.
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.
