At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan on Wednesday, December 21, 19 transactions were concluded for a total of $15.7 million, Orient.news reports.

The new administrative center of the Akhal region received the status of a city and will be called Arkadag. The Mejlis of the Milli Gengesh of Turkmenistan adopted a corresponding resolution on this.

Last Wednesday, Minister of Foreign Affairs of Turkmenistan Rashid Meredov discussed with the President of Kawasaki Heavy Industries Ltd. Tatsuya Watanabe the main areas of cooperation and ways to improve the effectiveness of interaction. This is reported by the website of the Foreign Ministry of Turkmenistan.

The day before, the Minister of Foreign Affairs of Turkmenistan Rashid Meredov met with the head of the Japan Bank for International Cooperation (JBIC) Nobumitsu Hayashi in Tokyo. This is reported by the website of the Ministry of Foreign Affairs of Turkmenistan.

Minister of Foreign Affairs of Turkmenistan Rashid Meredov met on Wednesday with Atsuo Kuroda, the Executive Director of the Japan Nippon Export and Investment Insurance Agency (NEXI), which provides insurance coverage for financing joint economic projects implemented by the Japanese and Turkmen sides. This is reported by the website of the Foreign Ministry of Turkmenistan.

«Rimera» - the leading Russian company in the market of integrated services in the field of oilfield services will supply 655 deep-well rod pumps manufactured by Izhneftemash to the State Concern «Turkmennebit» in 2023, INFOLine reports.

For 11 months, deliveries of «blue fuel» from Turkmenistan to China amounted to 9.28 billion US dollars in value, the General Customs Administration of the People's Republic of China said on Tuesday.

The state and prospects of interstate cooperation were discussed on Monday at a meeting between President of Turkmenistan Serdar Berdimuhamedov and Minister of Foreign Affairs of Saudi Arabia Faisal bin Farhan Al Saud.

32 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.

According to the results of eleven months, a stable GDP growth rate is observed in Turkmenistan, which amounted to 6.2%. This was reported at a government meeting last Friday, which discussed the results of the country's socio-economic development in January-November 2022.

Workers of the Seydi oil refinery completed their work for 11 months in excess of the planned targets. During this period, the enterprise produced more than 208 thousand tons of gasoline and 104 thousand tons of diesel fuel, as well as about 34 thousand tons of vacuum gas oil, more than 28 thousand tons of road bitumen.

In Turkmenistan, in January-November of this year, the plan for the extraction of natural and associated gas was fulfilled by 113.6%, the export of «blue fuel» - by 124.7%. The results of the production activities of the State Concern «Turkmengas» were reported at an expanded government meeting held via video link last Friday.

On December 17, a reporting meeting was held at the Central Building of the Oil and Gas Complex of Turkmenistan, at which the results of the activities for January-November of the year “The Era of the People with Arkadag” were considered. The tasks set by President Serdar Berdimuhamedov before the oil and gas complex at the extended sitting of the Cabinet of Ministers, held on December 16 via digital video link to consider the results of the country’s socioeconomic development in January-November 2022, were also discussed.

At the Turkmenbashi complex of oil refineries (TCOR), the construction of delayed coking units (DCU) and tar deasphalting units (DAU) is being completed. Modern units are being built by the order of the TCOR by the US company Westport Trading Europe Limited.

New commercial inflows of hydrocarbon raw materials have been obtained at the North Goturdepe field. They confirmed the reserves of black gold predicted by specialists of the State Corporation «Turkmengeology» within the North Goturdepe deposit and the shallow waters of the Caspian Sea and the area adjacent to them, including the sections of Central and Western Goturdepe.