The State Commercial Bank "Turkmenistan" provides soft loans to entrepreneurs.

Drilling of the first well for gas production from deep-lying formations of the Azeri-Chirag-Guneshli/ACG block of fields in the Azerbaijani sector of the Caspian Sea is planned this year. Tamam Bayatli, Head of the Public Relations Department at BP-Azerbaijan, said this in an interview with the Report news agency on January 11.

On New Year's Eve, drillers of the State Concern "Turkmengas" received an industrial influx of natural gas from appraisal well No. 2 at the Yylan field in the Mary region.

The Turkmen delegation led by the Deputy Minister of Industry and Construction Production of Turkmenistan took part in the 3rd Future Minerals Forum, held on January 9-11 in Riyadh, Saudi Arabia.

The Japanese Ministry of Economy, Trade and Industry signed memorandums of cooperation in the field of decarbonization with the governments of Uzbekistan and Kazakhstan.

The Afghan Railways Department (ARA) reported that during the meeting of the head of this department with the Ambassador of Turkmenistan, an agreement was reached to provide the other side with land for the expansion of the joint railway.

Taking into account the need to intensify the transition to the use of renewable energy sources, Turkmenistan pays special attention to this area of the electricity industry.

The Indian State Oil and Gas Corporation (ONGC) has successfully started oil production as part of a deepwater asset in the Krishna Godavari basin offshore the country's east coast. This is reported by Asian News International (ANI), one of the largest news agencies in India and South Asia.

The Dubai company Dragon Oil will begin developing three promising fields near Cheleken within the framework of a memorandum signed between the company and the government of Turkmenistan. Previously, the company’s specialists carried out seismic exploration in these territories worth $35 million. The analysis showed that Block 19 is quite promising, Zawya reports.

In January-November 2023, the trade turnover between Azerbaijan and Turkmenistan amounted to 738 million 966 thousand US dollars. This figure is quoted by the Azeri-Press Agency (APA), referring to the report of the State Customs Committee of Azerbaijan.