Foreign and domestic businessmen purchased fuel and energy products at the auctions
17:40 06.04.2026 2721
Last week, 26 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan.
Business representatives from the United Arab Emirates, Afghanistan, Georgia, and Uzbekistan purchased base oil and polypropylene produced at the processing facilities of the State Concern Turkmennebit for foreign currency.
Cotton yarn, wheat flour, licorice root extract, and bedding sets were also sold for foreign currency. The purchasing countries included the United Arab Emirates, Turkey, and Serbia.
The total transaction value exceeded $4 million.
Domestic entrepreneurs purchased base oil and polypropylene (SC Turkmennebit), technical sulfur (SC Turkmengas), as well as wheat flour, crude fatty acids of cotton soapstock, cotton fabric, textile waste for a total of more than 124 million 806 thousand manats on the domestic market.
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.