New Deals in Turkmenistan's Oil and Gas Market
On Wednesday, March 11, deals involving oil and gas products were concluded in Turkmenistan's foreign market. Turkish entrepreneurs purchased TPP D 30 S base oil from the Turkmennebit State Concern
News
Calm in the Oil Ocean or Preparation for a New Leap?
We continue our mini-replies on global issues. Today, global oil markets resemble an athlete holding his breath before the start. After the wild swings at the beginning of the week, when prices broke through the $116 ceiling, today has come a time of tense and anxious anticipation
IEA countries will release a record volume of oil reserves
Amid the conflict in the Middle East and the sharp rise in energy prices associated with it, members of the International Energy Agency (IEA) have decided to release a record volume of oil from their national reserves
For the first time in Turkmenistan: automated procurement service for business
The domestic B2B platform ALSAT has launched a Request for Quotation feature with automatic product matching
Oil Swings: Why Are Global Prices Frozen in Anticipation?
Yesterday's storm on global stock exchanges forced many of us to update our news feeds more often. After the price of Brent oil made an incredible leap, today is the time to realize what kind of world we have woken up in and what does this mean for the people of our region?
Kuwait temporarily reduces oil production to ensure supply security
The Kuwait Petroleum Corporation (KPC) announced a temporary reduction in oil production and processing. This decision is purely preventive and driven by concerns over maritime transport safety
Why Is the Price of a Barrel Reaching Our Region's Grocery Stores?
Have you ever noticed how news about distant events suddenly starts arriving at our doorstep without a knock? Today, on global exchanges—the very places where the fate of resources is decided—the price of oil crossed the psychological mark of $115, having made an incredible leap of almost a third of its value in a single moment
Turkmenistan at the "Tax and Development" Platform in Tokyo and a Focus on Digital Transparency
A delegation from Turkmenistan participated in the global forum "Tax and Development," which took place in Tokyo on March 2–3. The meeting, co-sponsored by the UN, IMF, and World Bank, provided a platform for developing new tax administration standards
Turkmenistan's Economy in Figures for the First Two Months of 2026
At a Cabinet of Ministers meeting held on Friday, the results of Turkmenistan's socioeconomic development for January and February of this year were summarized. Statistics demonstrate steady GDP growth of 6.3% and strong investment activity
Afghanistan’s exports to Central Asia was increased by 77% in 2025
According to the Ministry of Industry and Commerce of Afghanistan, the country’s exports to Central Asian states recorded an unprecedented 77% growth in 2025, rising from $122 million to $216 million
Turkmenbashi Port Implements Digital and Green Standards and Promotes Shipbuilding
Turkmenistan continues to transform its Caspian coastline into Eurasia's largest logistics hub. On March 3, a meeting with UNDP Resident Representative Narine Saakyan was held at the Turkmenbashi International Seaport to discuss new steps to digitalize and green the country's main seaport
Turkmenistan and Kazakhstan Are Simultaneously Expanding the Caspian Route
Kazakhstan will expand the Zhanaozen-Turkmenistan border highway to four lanes, while Ashgabat is completing key projects on the opposite side, transforming the deserted route into a modern logistics hub
Trade between Turkmenistan and Tajikistan Increased by 17% in 2025
The 14th meeting of the Joint Intergovernmental Commission between Turkmenistan and Tajikistan is taking place in Dushanbe on March 3-4. The key indicator of successful cooperation was the dynamics of mutual trade: by the end of 2025, trade between the countries increased by 17.1%, reaching $43.1 million
The Prospect of Launching the Alat-Farab Zone between Bukhara and Lebap Was Discussed in Turkmenabat
The development of border trade was the main topic of the meeting between Ambassador of Uzbekistan Ravshanbek Alimov and governor of the Lebap province, Durdy Gendzhiev, in Turkmenabat. The Ambassador also held discussions with local entrepreneurs, Dunyo News Agency reports
A Meeting of the Turkmen-Tajik Intergovernmental Commission Begins in Dushanbe
On March 3, a high-ranking delegation from Turkmenistan, led by Deputy Prime Minister Tangryguly Atakhalliyev, arrived in the capital of Tajikistan. The purpose of the visit is to participate in the 14th meeting of the Joint Intergovernmental Commission, which will determine the direction of the two countries' economic partnership for the coming year
