

The renewable energy industry is actively developing in Turkmenistan
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.


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.


The State Bank for Foreign Economic Affairs of Turkmenistan and the largest bank in the UAE, First Abu Dhabi Bank/FAB, signed a cooperation agreement. The ceremony took place on Friday, January 5, within the framework of the working visit of Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov to the UAE at the head of the government delegation of Turkmenistan, it was reported in the news release of the Turkmen State Television.


The most important result of the working visit of Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov to the United Arab Emirates was a number of documents signed on the second day of the Turkmen leader’s stay in the friendly country. Among them is a Memorandum of Understanding between the State Concern Turkmengaz and the Abu Dhabi National Oil Company (ADNOC).


Registration for the Energy Investment Forum of Turkmenistan/TEIF 2024, which will be held on April 24-25 in Paris, has been opened. New investment projects in the energy sector of Turkmenistan will be presented during the international roadshow.


Turkmenistan took eighth place in the ranking of countries with the cheapest gasoline. The cost of fuel in the country ($0.0.428) is three times less than the world average, according to GlobalPetrolPrices data at the beginning of January.


The oil and gas company Dragon Oil on Friday, January 5, signed a memorandum of understanding with the government of Turkmenistan to expand investments. The ceremony took place as part of the visit to the UAE of the Turkmen government delegation led by the Chairman of the Khalk Maslakhaty. This was reported by Erm economic - an Arab economic portal that publishes news about finance, business, markets, technology and energy.


Turkmenistan is systematically updating and improving its civil aviation in accordance with the National Program for the Development of this Industry until 2030. The website of the Turkmen Airlines agency reports about the arrival of the next new Boeing 777-300 ER passenger airliner to the air fleet of Turkmenistan.


In the United Emirates, a new company is being created to manage assets worth $ 27 billion in various industries, including finance and mining, according to a Report citing Bloomberg.


On January 1, 2024, the 5th national Economic census officially began in China. This is reported by the Xinhua News Agency with reference to the State Statistical Office of the People's Republic of China.


Thousands of satellites will be sent to the Celestial Empire. The first satellite of the G60 Starlink project has been launched in China, which will become part of the future Internet communication network. The G60 constellation will include about 12 thousand orbitals. Of these, the first 108 are planned to be launched this year.


Azerbaijan's imports of crude oil and natural gas under a swap agreement are exempt from VAT for 3 years, Report informed on Monday, citing amendments to the country's Tax Code.


China's first major cruise ship, Adora Magic City, departed Shanghai port on Monday for its first commercial voyage. On the evening of January 1, the Magic City of Adora left the pier, beginning its journey to South Korea and Japan.