Brent Crude Expected to Average $50 Per Barrel in 2021
Brent crude oil could average $50 per barrel in 2021 due to a faster-than-expected demand recovery in sectors such as transportation as well as strong...
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BP Global Review Reveals New Highs in Energy Consumption
Primary energy consumption grew by 1.3% last year, which was less than half the rate of 2018 (2.8%), according to new global data from oil...
Turkmenistan Intends to Obtain Observer Status in WTO
The development of mutually beneficial international cooperation, including in the trade and economic sphere, is an important aspect of Turkmenistan’s policy aimed at strengthening the...
Cheaper Than Free: WTI Oil Futures Prices Plunge Below Zero
With a significant decrease in global oil demand, the price of its futures contracts dropped into negative territory for the first time in history on...
Agencies Operate Transport Services in Turkmenistan
The Türkmendemirýollary, Türkmenawtoulaglary, Türkmenhowaýollary and Türkmendeňizderýaýollary agencies were transferred to the Cabinet of Ministers of Turkmenistan in February this year.
In January last year, changes were...
Turkmen Private Agricultural Producers Constantly Increase Their Exports
Private farms, members of the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET) engaged in agricultural production, constantly increase their export figures.
In January-February this year,...
Number of Users of Online Services Increases in Turkmenistan
Digitalization in Turkmenistan has led to an increase in number of online services in the country. At the same time, the number of users of...
Turkmenbashi Jeans Complex Annually Produces Over 1.8 Million Denims
Turkmenbashi Jeans Complex, located in Ahal velayat’s Ruhabat etrap in the southern Turkmenistan, is one of the leading enterprises in the textile industry of Turkmenistan,...
Multinational Consortium Proposes Construction of Gas Chemical Complex in Turkmenistan
The consortium of Edison Technologies, MMEC Mannesmann GmbH, AirLiquideGlobalE & CSolutions and SinopecEngineeringGroup offers to implement an investment project in Turkmenistan to build a gas...
Turkmen Private Sector Exports Food Products for Over $25 Million
Representatives of the private sector play an active role in the production of import-substituting products in Turkmenistan and seek to saturate the domestic market with...
