Petroleum bitumen, urea, base oil, and polypropylene were sold at exchange trades
15:15 20.01.2026 2635
Thirty-two transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Businessmen from the United Arab Emirates, Turkey, Afghanistan, Uzbekistan, and Ukraine purchased urea produced at the processing facilities of the SC Turkmenchemistry for foreign currency. Representatives from the UAE also traded petroleum road bitumen (Turkmennebit) and cotton fabric.
The total value of these transactions exceeded USD 9,898,000.
Local businessmen purchased base oil and polypropylene (Turkmennebit), as well as cotton fiber, licorice extract, cottonseed oil soapstock, and crude fatty acids for the domestic market. The total amount of transactions amounted to more than 27 million 675 thousand 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.
