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Prices of Brent Crude oil exceeded $88 per barrel for the first time in the last 7 years, according to trading data on the London ICE exchange. Previously, black gold was traded at this price in October 2014.

Chinese government officials and experts say the country will strengthen economic and trade cooperation with the five Central Asian countries and the member states of the Shanghai Cooperation Organization (SCO) and further exploit the potential for complementarity in trade and the economy, especially in areas such as energy and green development.

During a government meeting, Director General of the Transport and Communications Agency under the Cabinet of Ministers of Turkmenistan Mammetkhan Chakiev reported to the Turkmen leader on the work to determine the national operator for international road and rail freight transportation in the context of the accession of Kazakhstan, Qatar and India to the “Lyapis Lazur” transport corridor, connecting highways and railways Afghanistan, Turkmenistan, Azerbaijan, Georgia and Turkey, as well as to the transport corridor Uzbekistan-Turkmenistan-Iran-Oman.

During a government meeting on Friday, President Berdimuhamedov approved the construction projects of two RO-RO class ferries with an open deck, as well as one dry cargo ship, presented by the Director General of the Transport and Communications Agency under the Cabinet of Ministers of Turkmenistan Mammetkhan Chakiev.

The draft Roadmap for the development of international cooperation of Turkmenistan in the field of hydrogen energy for 2022-2023 was presented on Friday, January 21, at a government meeting.

During a working trip to the Dashoguz region, President of Turkmenistan Gurbanguly Berdimuhamedov was presented with new projects for the development of the country's electric power industry.

SC “Turkmennebit” will conclude an additional agreement with PJSC “Tatneft” for the provision of services directed at increasing the discharge of oil wells at the Goturdepe fields.

Turkish company Çalik Enerji Sanayi ve Ticaret A.Ş. won a tender for the construction of the first hybrid solar-wind power plant with a capacity of 10 MW in Turkmenistan.

The volume of Turkmen gas exports to Azerbaijan via Iran can be increased to 15 billion cubic meters per year, Iranian Oil Minister Javad Owdji said after meeting with the official delegation of Turkmenistan, Trend news agency reported.

Turkmenistan is in second place in the supply of motor gasoline to Uzbekistan, according to the State Statistics Committee of the country for January-November 2021.