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Turkmenistan

22.02.2016

The Turkmen State Concern 'Turkmenneft' starts implementation of the plans for development of the hydrocarbon fields located in the Turkmen sector of Caspian Sea. According to the Ministry of Oil and Gas, the current resources of Turkmenistan on the Caspian shelf are estimated at 6.5 trillion cubic meters of gas and 12 billion tons of oil, not taking into account the already contracted blocks. The document also says that the first task in this area was the development of the North Goturdepe deposit located in the shallow part of the Caspian Sea.

 

21.02.2016

Europe's largest clothing retailer network, owned by the Swedish company H&M has refused to use cotton of Turkmen origin in their products. The reason for such a step is allegedly the fact that this Central Asian country uses child labor in the cotton fields. The company has made the appropriate official statement, saying that all the H&M suppliers must refuse from procurement of cotton grown in Turkmenistan. Otherwise, the company will terminate cooperation with them.

 

19.02.2016

On February 17, President of Turkmenistan Gurbanguly Berdimuhamedov visited the Turkmenbashi international sea port, where he familiarized himself with the ongoing construction work. According to the press service of the Turkmen government, the head of the country had a meeting with director of Turkish Gap Inşaat Ahmet Calik and representatives of Inros Lackner AG (a German consulting company). Worth recalling, the Turkish company is the contractor for the project.

 

17.02.2016

The capital of Turkmenistan witnessed the completion of construction of a facility specializing in manufacture of a wide range of carpets and rugs, as announced on the government website on February 15. The new factory was built on request of the company Abadan Challah by a private contractor – a construction company affiliate to the Union of Industrialists and Entrepreneurs.

 

16.02.2016

The Russian Federation has addressed Turkmenistan suggesting new legal options of solving the problem related to almost 9,600 Turkmen dual nationals (persons with dual nationality), who have received Russian citizenship as a second one after Turkmenistan adopted laws on non-recognition of dual citizenship. As a result, these persons lost the right to have Turkmen passports. According to deputies of the Russian Federation Council, it is necessary to make appropriate changes to the related regulatory legal acts of Turkmenistan.

 

15.02.2016

The holding BIPEK Auto – Asia Auto (Kazakhstan) has started deliveries of locally-assembled LADA cars to Turkmenistan. This was envisaged by the agreement on joint activities in the Central Asian markets signed by BIPEK AUTO – ASIA AUTO and AVTOVAZ in October 2015. Under the agreement, the Kazakh side received the right to conduct retail sales, distribution and after-sales service of LADA cars in countries such as Uzbekistan, Kyrgyzstan, Mongolia, Turkmenistan and Tajikistan.

 

15.02.2016

The Russian concern Gazprom does not intend to resume the purchases of natural gas from Turkmenistan, as reported by its chairman of the board of directors Viktor Zubkov. He stressed that implementation of the new project “North Stream-2” (which provides for transit of natural gas to Europe under the Baltic Sea) advances in accordance with the preliminary schedule.

 

14.02.2016

A special freight test train made its first run on the international railway line linking four states: China, Kazakhstan, Turkmenistan and Iran. Its function is to test the capabilities of the transport and logistics infrastructure of the countries mentioned above, and it is focused on testing some aspects with a view to organization of regular rail transport by rail on the route. In addition, the test train contributes to regulating the logistics in all countries that participate in the transit transport project.

 

12.02.2016

Ashgabat hosted the negations between representatives of the Ministry of Foreign Affairs and US Deputy Assistant Secretary of State for Central and South Asia William Todd, who had arrived to the republic on a working visit. The press service of the Turkmen Foreign Ministry reported the news, adding that the participants of the event expressed their interest in development of bilateral relations between the United States and Turkmenistan. They also confirmed their intention to further strengthen the Turkmen-US cooperation in all spheres.

 

11.02.2016

Turkmenistan intends to keep construction of the main gas pipeline TAPI (Turkmenistan – Afghanistan – Pakistan – India) under constant review. President Gurbanguly Berdimuhamedov gave this order during a related discussion at the recent government meeting. The press service of the Cabinet reported the news, adding that the President also demands that all available reserves should be used to increase the volume of production and processing of natural gas.