Over 100,000 tons of sugar beets harvested in the Karakum etrap
Farmers in the Karakum etrap have exceeded the state plan for sugar beet deliveries, harvesting more than 100,000 tons of crop, surpassing the planned 75,120 tons.
News
The gold market is breaking records
The price of gold has exceeded $2,900 per troy ounce for the first time in history during trading last week, according to specialized publications that track trends in the global gold market
New iodine and bromine production plant to be built in Turkmenistan
The State Concern "Türkmenhimiýa" has announced an international tender for the design and construction of an iodine, bromine, and bromine derivatives production plant with the reconstruction of the raw material base at the Western Cheleken field (Hazar site) and the iodine plant in Balkanabat.
Turkmenistan’s drillers develop new deep oil wells
In 2024, drillers from the Ekarem Drilling Operations Directorate of the «Nebitgazburawlaýyş» trust under the «Türkmennebit» State concern commissioned 11 new wells at the «Keymir», «Ekarem», «Shatut», «Northern» «Goturdepe», «Kemer», and «Uzynada» fields, «Нейтральный Туркменистан» newspaper reports.
Meeting held on the "Caspian Sea - Black Sea" project
On February 10, working meeting to discuss the draft intergovernmental Agreement on the creation and implementation of the international transit transport corridor "Caspian Sea - Black Sea" was held in the format of a video conference
Production has commenced at the world's largest metamorphic rock oil field in Bohai Bay
China National Offshore Oil Corporation (CNOOC) has announced the commencement of production at the world's largest metamorphic rock oil field, known as Bozhong 26-6, located in Bohai Bay. This was reported by Xinhua News Agency.
Industry in figures: hydrocarbon production and growth of goods production in Turkmenistan
At the end of 2024, the industrial sector of Turkmenistan demonstrated steady growth. Natural gas production amounted to 77.6 billion cubic meters, and oil production reached 8.2 million tons. The production of petroleum bitumen (+10.2%), gasoline (+4.8%), fuel oil (+8.2%), and diesel fuel also showed positive dynamics
The banks of Turkmenistan have increased lending volumes
In 2024, Turkmenistan's banks demonstrated a significant increase in lending. The volume of loans issued to the private sector, including small and medium-sized enterprises, has increased particularly noticeably
The President approved the Program of Socio-Economic Development of Turkmenistan-2025
During an expanded government meeting on Friday, President Serdar Berdimuhamedov of Turkmenistan signed a resolution "On approval of the Program for socio-economic development of the country and investments in 2025"
International forum IFT 2025: Key investment opportunities for business
The Union of Industrialists and Entrepreneurs of Turkmenistan (UIET) plays a crucial role in developing the country’s private sector, fostering a favorable business environment, supporting entrepreneurs, and attracting investments. A testament to this commitment is the International Forum on Attracting Investments to the Private Sector – "Investing in the Future of Turkmenistan" (IFT 2025), initiated by UIET.
«Türkmengaz» announces an open tender for equipment procurement
The State Concern “Türkmengaz” has announced an open tender No. T/GAZ-03 for the procurement of material and technical resources from February 6 to March 19, 2025.
Eni Turkmenistan Limited announces preliminary application collection for tender
Eni Turkmenistan Limited is announcing the preliminary collection of applications for participation in Tender No. 10123060 for the provision of non-destructive and destructive testing services.
An expert dialogue was held in Islamabad with the ambassadors of Central Asian countries on cooperation
On February 6, the Institute of Regional Studies Islamabad (IRSI) hosted a roundtable titled "Ambassadors' Dialogue on Regional Cooperation"
Novgorod entrepreneurs prepare for business mission to Turkmenistan
The Novgorod Export Support Center will organize an online meeting for regional entrepreneurs with the Russian Trade Representative Office in Turkmenistan. The meeting, scheduled for February 25th, is aimed at preparing for the business mission of Novgorod entrepreneurs to Turkmenistan, planned for March
Kyrgyz business invited to the SMEs and International Investment Forum in Ashgabat
The Ambassador Extraordinary and Plenipotentiary of the Kyrgyz Republic to Turkmenistan, Azizbek Madmarov, met on February 4 with the Deputy Chairman of the Cabinet of Ministers of Turkmenistan, Nokerguly Atagulyev
