Energy and transit and transport systems among priorities for Turkmenistan's CIS chairmanship
11:01 31.01.2026 2937
Commenting on Turkmenistan's chairmanship of the organization in 2026, Sergey Lebedev, Secretary-General of the Commonwealth of Independent States (CIS), emphasized that the country's geographic location determines the priority of economic issues, including the development of transit and transport corridors. Sergey Lebedev made this statement at a meeting of the Council of Permanent Plenipotentiary Representatives of the CIS Member States, held on January 29 in Minsk under Turkmenistan's chairmanship.
Sergey Lebedev also named energy among the key areas of the Concept for Turkmenistan's CIS Presidency in 2026, noting Turkmenistan's role as an important supplier of oil and gas.
Speaking at the event, Nazarguly Shagulyev, Ambassador of Turkmenistan to Belarus, noted that the country's chairmanship of the CIS is viewed as a continuation of its foreign policy based on the principles of permanent neutrality, good-neighborliness, and equal partnership.
As part of its chairmanship, Turkmenistan will host the CIS Heads of State Summit, which will take place on October 9, 2026, in the Avaza National Tourist Zone on the Caspian coast. This was reported on the website turkmennebit.gov.tm.
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.