Liquefied gas sold for export and polypropylene sold for the domestic market at exchange auctions
22:24 20.12.2025 3457
At an exchange auction held on December 17, representatives of the Afghan business community purchased a batch of liquefied gas produced by the State Concern “Turkmenchemistry”, Vestiabad reports.
Turkmen entrepreneurs purchased TPP D 30 S polypropylene produced by the State Concern “Turkmennebit” for the domestic market.
Two commercial transactions were concluded as a result of the auctions. Their total value amounted to 1 million manat and 202,300 US dollars. The auction results confirm the steady demand for energy resources and chemical products from Turkmenistan, both from international partners and within the country.
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.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
The President of Turkmenistan dismissed the Deputy Chairman of the State Concern «Turkmennebit»
By the Decree of the President of Turkmenistan, Mammedov Toygeldi Bayrammyradovich was dismissed from the post of Deputy Chairman of the State Concern «Turkmennebit» as he failed to cope with the duties assigned to him.
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.