Foreign and domestic businessmen purchased fuel and energy products at the auctions
11:06 10.02.2026 2286
Twenty-nine transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Business representatives from the United Arab Emirates, Turkey, Afghanistan, and Uzbekistan used foreign currency to purchase liquefied gas produced by the state-owned concerns Türkmennebit and Türkmenhimiýa, as well as urea and desulfurized diesel fraction produced at the processing facilities of the State Concern Turkmenchemistry.
Businessmen from Turkey and Ukraine also used foreign currency to purchase cottonseed oil soapstock, crude cottonseed fatty acids, undistilled crude cottonseed fatty acids, and plain-dyed and jacquard terry products.
The total value of the transactions exceeded USD 7,133,000.
Local businessmen purchased base oil, polypropylene, petroleum road bitumen (Turkmennebit), Portland cement, cotton yarn, raw silk, and wheat flour for the domestic market, totaling over 669 million 542 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.
