During negotiations between Turkmenistan and Turkey, plans are being discussed to increase mutual trade turnover to $5 billion. This was stated by Vice President of Turkey Cevdet Yilmaz during a meeting with Deputy Chairman of the Cabinet of Ministers of Turkmenistan Batyr Atdayev in Ankara, Anadolu news agency reports.

Turkmenistan intends to supply Iraq with 9 billion cubic meters of natural gas per year under a swap agreement with Iran, Deputy Chairman of Turkmengaz Murat Archayev said on Wednesday, October 25, as the country seeks to diversify export markets.

In September, Uzbekistan sharply increased imports of natural gas from Turkmenistan, according to data from the Statistics Agency of the Republic of Uzbekistan.

More than 700 delegates from 49 countries including reputable speakers representing major energy companies and organizations, have confirmed their participation at OGT 2023.

A ceremony of awarding certificates to participants of logistics courses was held in Ashgabat. In total, 99 certificates were awarded to representatives of transport and logistics companies who completed a training cycle on such topics as container transportation, insurance in logistics and warehouse logistics.

During the 19th Central Asia–European Union Ministerial Meeting, a Roadmap for Deepening Cooperation between Central Asian States and the European Union was presented.

The European Commission is preparing for an Investor Forum to be held on January 29-30, 2024 in Brussels, Belgium, bringing together representatives of the public and private sector, investors interested in improving sustainable transport links between the two regions of the continent – European and Central Asian.

The 28th International Conference and Exhibition “Oil and Gas of Turkmenistan” (OGT 2023) will be held on October 25-27, 2023 in Ashgabat at the Chamber of Commerce and Industry of Turkmenistan.

China National Petroleum Corporation (CNPC) reported that its oil and gas production in countries and regions participating in the Belt and Road Initiative exceeded 80 million metric tons for the fourth consecutive year in 2022, and the combined annual trade volume of the two energy resources reached 250 million tons.

Chairman of the Board of Directors of the State Bank for Foreign Economic Affairs of Turkmenistan, Rahimberdy Dzhepbarov, and his accompanying delegation met on Sunday, October 22, with Director General of the Saudi Development Fund, Sultan bin Abdul Rahman Al-Murshid, at the Fund’s headquarters in Riyadh.