Month: May 2018

Oil becomes cheaper on data on the growth of reserves in the USA

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World oil prices are falling on Wednesday morning after the release of the American Petroleum Institute (API) data on the unexpected growth of reserves of raw materials in the...

Консорциум «Хазар» объявляет тендер:

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June futures for Brent crude oil increased by 6 cents to $78.29 per barrel by 7:58 GMT on May 15. This is evidenced by the auction. Quotes of the...

Pakistan will proceed to the laying of the TAPI pipeline in the nearest future

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Welding of the first joints on the 819-kilometer segment of Pakistan's transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India may take place in the next couple of months. As Media TURKMEN ORIENT news...

Oil prices are falling: Brent- $76.70 per barrel, WTI – $70.46

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On Monday, May 14, June futures for Brent oil decreased by 42 cents (0.5%) – to $76.70 per barrel by 7:40 GMT. This is evidenced by the auction. Quotes...

The products of oil refineries are in the top of stock trading

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Last week, 48 transactions were registered at the auction of the State commodity and raw materials exchange of Turkmenistan. For foreign currency businessmen from Russia, Great Britain, the United...

Convention on the status of the Caspian sea may be signed in August

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The Convention on the status of the Caspian sea can be signed in August 2018 at the summit of the Caspian States in Astana, Deputy foreign Minister Grigory Karasin...

Turkmenistan occupies a key position in the EU Strategy for Central Asia

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Turkmenistan plays an important role in the EU's overall relations with the Central Asian region and occupies a significant place in the European Strategy for a new partnership with...

Iran can cooperate in the development of fields in the Caspian sea with neighboring countries ,including Turkmenistan, – Rouhani

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Iran and Azerbaijan are jointly preparing to develop an oil field in the Caspian sea, and this cooperation is being carried out for the first time in history. According...

Experts of Bank of America predict growth of oil prices to $100 per barrel

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Oil prices may rise next year to close to $100 per barrel if the situation in exporting countries – Venezuela and Iran – leads to disruption of supplies to...

Uzbekistan will participate in the financing of the TAPI project

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Uzbekistan will allocate funds for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) project. This was stated by Director General of the Association of banks of Uzbekistan Bakhtiyor Khamidov, RIA Novosti reported. Khamidov also...