Korean company to build chemical complex for mineral fertilizer production in Turkmenistan
16:45 26.05.2025 4522
Korean company Daewoo Engineering & Construction will build a new complex for the production of mineral fertilizers in Turkmenistan. This is envisaged by the decree of the President of Turkmenistan Serdar Berdimuhamedov, according to which the State Concern "Turkmenchemistry" is allowed to conclude a contract with this company.
The contract with Daewoo Engineering & Construction Co., Ltd provides for the design and construction of a production complex for the production of 350 thousand tons of superphosphate and 100 thousand tons of ammonium sulfate per year in the structure of the Turkmenabat Chemical Plant named after S.A. Niyazov.
As noted in the decree, the contract is aimed at providing domestic agricultural producers with the necessary phosphorus fertilizers and the production of new types of mineral fertilizers.
Auto fuel and liquefied gas became the subject of foreign exchange transactions at the auction
73 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Afghanistan increases import of Turkmen liquefied gas
On Monday, Afghan media reported an increase in imports of liquefied natural gas from Turkmenistan to Afghanistan. According to the publications, the Taliban provisional government issued a statement to this effect after a meeting of its economic sector.
Traders expect high European gas prices to continue in coming years
Natural gas prices in Europe will remain high in the coming years amid continued supply shortages, traders believe, Interfax reports.
The price of gas in Europe exceeded $2,200 per 1,000 cubic meters
The spot price of gas in Europe by Tuesday evening exceeded $2,200/ths.m3 in anticipation of the failure of another gas pumping unit on the Nord Stream, Interfax reports.
Jet fuel and polypropylene purchased at auction
During the auction at the State Commodity and Raw Materials Exchange of Turkmenistan on February 13, petrochemical, light industry and construction materials were sold.