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Turkmenistan

25.04.2016

On April 24, Turkmenistan celebrated the traditional national Holiday of Akhal-Teke Horses. It is dedicated to a breed of riding horses that was created in the country. Nowadays it is considered one of the most beautiful and oldest in the world, as its emergence dates back to about 5,000 years ago. The Horse Festival is celebrated every year on the last Sunday of April. It includes many different activities, their scale comparable with the main national holiday of Turkmenistan – the Independence Day.

 

21.04.2016

On April 19-20, Turkmenistan hosted an international conference of entrepreneurs, which was attended by representatives of 29 countries of the world.

21.04.2016

Ashgabat hosted the Turkmen-Korean bilateral seminar on the prospects of cooperation between the two countries in areas such as transport, logistics and infrastructure. According to the government statement published on April 20, the event was organized with participation of the Ministry of Road Transport. The seminar was also attended by representatives of the ministries of energy, economy and development, construction and architecture, rail and road transport, public service, river and sea transport, and by representatives of the National Service “Turkmenistan Airlines.”

19.04.2016

Plans are afoot in Turkmenistan to reduce state involvement in a number of large enterprises in the framework of the 2013-2016 State Program for privatization of state-owned enterprises and facilities. This is stated in the government announcement published on April 18. The privatized enterprises relate to various sectors of the national economy, such as industrial, construction, transport and communications, and a number of others. The first and second phases of the program have been completed, with 39 enterprises privatized.

19.04.2016

Since the beginning of 2016, the Turkmen State Concern “Turkmenneftegazstroy” has been equipping the “Zeakli-Derveze” group of gas condensate fields, which are situated in the Central Karakum. The Ministry of Gas and Oil of the country published such an announcement on April 15. As of today, there have been drilled 13 wells, two of which are ready for immediate use. Currently, pumps and a transformer substation are being assembled and installed.

 

16.04.2016

At present, Turkmenistan and the European Union are engaged in implementation of a joint project entitled “Promoting sustainable development strategies in Turkmenistan as rational use of energy and natural resources.” According to local newspapers, the document raises the energy saving issues related to environmental protection. The energy efficiency measures contribute to reduction of emissions of greenhouse gases that lead to climate changes.

 

16.04.2016

Turkmenneft upscales the volume of drilling works at its fields, as reported by Amanmurad Kichikulov, head of the subdivision of information and scientific-technical propaganda under the department for production improvement of the concern. According to him, since the beginning of 2016, Turkmen oil workers have extracted a little less than 1.3 million tons of oil. In comparison with the same period of 2015, the volume of processed crude oil increased by 69,700 tons. Since the beginning of 2016, there have been drilled 19,000 meters more than planned.

 

15.04.2016

On April 8, there was held an expanded meeting of the Government of Turkmenistan under the chairmanship of Head of State Gurbanguly Berdymukhammedov. The speakers delivered reports on the main indicators of economic development in the period January-March 2016, and summed up the activity of ministries and departments in the first quarter. In addition, they reported about the personnel changes in the government apparatus. As said at the meeting, Turkmenistan's GDP increased by 6.3 percent as compared with Q1 2015.

14.04.2016

Due to the introduction of modern technologies at enterprises, Turkmenistan's productive industries have every opportunity to create a flexible market-based economic system, which will be susceptible to scientific and technological innovations. According to the analytical materials provided by the Institute for Economic Development and Strategic Planning of Turkmenistan, the integration of the Turkmen productive industries into the world economy is performed through the mining and manufacturing sectors.

14.04.2016

Turkmenistan intends to export the excess electricity generated in the country, and considers Tajikistan and Pakistan to be the most promising directions of construction of power transmission lines. President Gurbanguly Berdimuhamedov made this statement at a regular selector meeting of the government on April 12. “We intend to finally address the issues related to construction of electricity transmission lines in such promising directions as Tajikistan and Pakistan,” the head of state said.