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Turkmenistan

11.02.2017

On February 7, Ashgabat hosted the meeting of the Government of Turkmenistan, which discussed the January 2016 results of the fuel and energy complex of the country. Vice Premier Ya. Kakaev delivered a report on the energy sector's performance. According to him, January was very successful for the industry. There was reported an over-fulfillment of the plan in all key indicators: production of oil and gas condensate (8.1 percent), processing all types of hydrocarbon raw materials (by 7.6 percent); drilling of wells (57.3 percent).

 

08.02.2017

The Turkmen State Concern “Turkmenneft” is developing the deposit “North Goturdepe,” which is located in the country's economic zone, in the shallow waters of the Caspian Sea. Currently, the powerful rigs purchased in China are used by the group's experts to achieve the drilling depths of 7,150 meters. In the short term, this will be the first project depth of such a level in Turkmenistan.

 

08.02.2017

The Government of Turkmenistan has appealed to the Islamic Development Bank with a request for funding in the amount of $700 million. As reported by a number of media, these funds will be used to cover the expenses in the framework of the project for construction of the gas TAPI pipeline (Turkmenistan – Afghanistan – Pakistan – India). A part of this amount will be spent to pay for the cost of goods, works and services required in the course of the project.

 

31.01.2017

During the recent Ashgabat-based meeting of the Joint Tajik-Turkmen intergovernmental commission, the participants identified the main nuances of interaction between the parties in the near future. The agenda included a wide range of issues that affect a large range of topical issues in the bilateral relations, covering the political, diplomatic, trade-economic and cultural-humanitarian spheres. The parties also discussed the progress of implementation of the agreements reached at the sixth meeting of the Commission in Dushanbe on April 28-29, 2015.

 

31.01.2017

On January 29, there came into force the agreement on the status and conditions of stay of the Russian joint military base in the territory of the Kyrgyz Republic, which had been signed between Russia and Kyrgyzstan in 2012. The validity of the agreement is 15 years, after which it will automatically be renewed for the next five years. The size and composition of the Russian contingent to be disposed at the base have not been disclosed.

 

27.01.2017

Turkmenistan has approved a limit on the volume of water consumption in 2017. As reported by local media, this measure was adopted within the framework of the Code of Turkmenistan “On Water,” to ensure careful use of the water resources available in the country.

25.01.2017

At the beginning of 2016, in order to create an effective agribusiness management system in Turkmenistan, the structures such as the State Committee for Land Resources and Environmental Protection and the Ministry of Agriculture and Water Resources were established on the basis of a number of industry ministries. This is stated in the text of the informational message on the results of development of the country's agro-industrial complex in 2016. According to the report, the volume of harvested wheat exceeded 1.6 million tons, which is almost 8 times more than in 1991.

25.01.2017

On January 19, the central building of the oil and gas complex of Turkmenistan hosted a reporting meeting devoted to the results of the activities of the republic's oil and gas industry in 2016. This event was participated by Deputy Prime Minister of Turkmenistan Yagshigeldy Kakaev, experts and heads of the state concerns, such as “Turkmenoil,” “Turkmengaz,” “Turkmenneftegazstroy,” the State Corporation “Turkmengeologia,” as well as the oil and gas research institute.

21.01.2017

On January 16, President of Turkmenistan Gurbanguly Berdimuhamedov visited the city of Turkmenbashi in Balkan Province to inspect the construction site of the International seaport. According to the government press service, the total construction cost of the new port will exceed half a billion dollars. The total construction time is 3.5 years; the project will be completed in December 2017.

 

21.01.2017

Turkmenistan has started filling the major pipeline “East – West” with natural gas. In the very near future, the gas will be delivered to consumers in Balkan and Ahal provinces of the country. To date, the 150-kilometer section “Shatlyk – Tejan – Kaka” has successfully passed the hydraulic tests. According to representatives of the oil and gas complex of Turkmenistan, the high reliability of the pipeline was also confirmed at its western section “Gumdag – Belek.”