Turkmenistan

Ashgabat Proposes New Route for Delivering Turkmen Gas to China
Turkmenistan

Ashgabat Proposes New Route for Delivering Turkmen Gas to China

Turkmenistan has initiated the development of a new route for the supply of natural gas to China – through Afghanistan, Tajikistan and Kyrgyzstan. Kabul supports this proposal of Ashgabat, President of Afghanistan Mohammad Ashraf Ghani said at the talks in Ashgabat with Gurbanguly Berdimuhamedov on July 3, the report of which was shown by Turkmen television. According to the Turkmen […]

Transfer of Caspian gas to European market is becoming a reality
Turkmenistan

Transfer of Caspian gas to European market is becoming a reality

The transfer of Caspian gas to the European market is becoming a reality, Maros Sefcovic, European Commission Vice-President for the Energy Union said on Tuesday. Report informs referring to the Gateway Turkey, through a video recording that was relayed at the Ashgabat International Energy Charter Forum, Sefcovic congratulated the Energy Charter Secretariat and the Turkmenistan presidency of the Energy Charter […]

Ashgabat and Tashkent Agree on Joint Production in Caspian Sea
Turkmenistan

Ashgabat and Tashkent Agree on Joint Production in Caspian Sea

Turkmenistan and Uzbekistan will jointly develop hydrocarbon deposits in the Caspian. According to Natural Gas World with reference to the resource Gazeta.uz, the Memorandum of Understanding was signed by the Uzbek and Turkmen parties – the national holding company Uzbekneftegaz and the state concern Turkmennebit. The ceremony was held on May 22, following the talks between the Presidents of Uzbekistan and […]

Turkmengaz fails to repay $2.5 million debt to Chinese supplier
Turkmenistan

Turkmengaz fails to repay $2.5 million debt to Chinese supplier

Turkmenistan’s state-owned gas company Turkmengaz has failed to pay off a debt of $2.45 million it accrued over the past two years to the Chinese company CSR Ziyang Co. Ltd, which supplied two shunting locomotives for the company’s Compound No. 2 in Mary. ATN received copies of official documents detailing that the manufacturer of the locomotives had originally delayed the […]

Gas Field Discovered in Turkmenistan
Turkmenistan

Gas Field Discovered in Turkmenistan

A field has been discovered on the Uzunada (Long Island) area in the Caspian region, Caspian Barrel reports with reference to the state news agency of Turkmenistan TDH (tdh.gov.tm). Experts of the State Concern Turkmenneft as a result of drilling a very deep well with a design depth of 7,150 meters in the range of 6,689-6,695 meters produced an industrial […]

Supporting private sector – main aim of reforms in Turkmenistan
Turkmenistan

Supporting private sector – main aim of reforms in Turkmenistan

Support to the private sector of economy is among important priorities in Turkmenistan, President Gurbanguly Berdimuhamedov said in his message to participants of the international exhibition of household goods, opened in Ashgabat on May 2.   “On this basis, we set before ourselves the goal of significantly increasing the share of individual enterprises in the structure of GDP,” said Berdimuhamedov […]