A report on the ongoing work on the transformation of Turkmenistan’s national air carrier Turkmenistan Airlines (Turkmenhowayollary) into a stock company has been presented at the meeting of the country’s Cabinet of Ministers, the Turkmen government said. It was previously reported that a new concept of the country’s aviation activity stood as a basis of…
90% of the work has been completed at the polyethylene and polypropylene production complex, which is being built in Turkmenistan’s Balkan region. A reservoir park for water, hydrocarbon storage tanks, most of the buildings and facilities have been built. Laying of electrical cable lines, grounding and cathodic protection system continues. About 1,300 employees, as well…
Turkmenistan’s President Gurbanguly Berdimuhamedov has given instructions to the State Migration Service to ensure the realization of measures related to the country’s accession to the International Civil Aviation Organization’s Public Key Directory (ICAO PKD), the Turkmen government said in a message. Under the document, the decision was made in order to guarantee the security of…
An International Monetary Fund (IMF) mission led by Martin Sommer visited Ashgabat on December 1-6, to assess macroeconomic and financial developments and discuss economic challenges and policy priorities with senior government officials and the diplomatic community. The expectations for persistently lower oil and natural gas prices imply the need for additional policy adjustment in Turkmenistan,…
Afghanistan will profit by more than $1 billion per year for gas transit via the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. Necessary infrastructure facilities – plants, gas compressor stations and gas purification plants will be built along this energy bridge. “More than 12,000 jobs will be created for our Afghan brothers”, Turkmen President Gurbanguly Berdimuhamedov said. The main…
Turkmenistan’s Foreign Minister Rashid Meredov held talks with the Iranian Deputy Foreign Minister for Asia-Pacific Affairs Ebrahim Rahimpour, the Turkmen ministry said. The parties exchanged views on cooperation in energy, transportation and trade. They mentioned substantial potential for expanding and diversifying trade turnover between the two countries. A number of major economic projects in energy…
Construction of a large refinery that will produce gasoline from natural gas continues at a fast pace in Ovadan-Depe town in Ahal province of Turkmenistan. The construction of the refinery started in 2015. The project’s customer is the country’s Turkmengas State Concern. The project’s contractors are Japan’s Kawasaki Heavy Industries Ltd and the Turkish Ronesans…