The total transaction value at the Exchange of Turkmenistan exceeded USD 5.8 million
21:24 02.02.2026 3172
Last week, 25 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan.
Business representatives from the United Arab Emirates purchased urea produced at the processing facilities of the State Concern Turkmenchemistry for foreign currency.
Licorice root extract, dried licorice roots and rhizomes, wheat flour, cotton yarn, bed linen, denim, and textiles were also sold for foreign currency. The buyers included the UAE, Turkey, Azerbaijan, and Kyrgyzstan.
The total transaction value exceeded USD 5.893 million.
Local entrepreneurs purchased wheat flour, cotton yarn, crude fatty acids from cotton soapstock, and plastic pallets for the domestic market. The total value of these transactions exceeded 85,690,000 manats.
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.