Oil products and textiles – at SCRMET transactions

35 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan last week.

Businessmen from Afghanistan purchased hydrotreated diesel oil, produced at Turkmenbashi complex of oil refineries and oil bitumen. Businessmen from Russia, Turkey and Afghanistan purchased high-density polyethylene.

Businessmen from Russia, Turkey, Azerbaijan, Ukraine and Kyrgyzstan purchased terry-loop goods and cotton yarn to the total amount of more than 4.895 million US dollars....

Cashless payments: Digitization in the sphere of consumer market and services

Report on preparation to the launch of new Halkbank Terminal mobile application for contactless payment has been presented to the Head of the State at the session of the Cabinet of Ministers on August 21.

Mobile application developed by IT-specialists of the above-mentioned bank is aimed at activation of measures for expansion of range of cashless payments in shopping outlets and service centres, improvement of reliability of payments for goods. After opening of Hakbank terminal, it is planne...

Aspects of participation in EXPO-2020 are discussed during webinar

Representatives of the Ministry of Trade and Foreign Economic Relations took part in an online meeting with the heads of the EXPO-2020 steering committee.

The organizational issues of the global forum were discussed during the meeting. As reported, taking into account the epidemiological situation in the world, Turkmenistan supported the initiative put forward by the UAE to postpone EXPO-2020 to next year.

In this regard, the parties called for the intensification of mutually beneficial co...

Booster compressor station to be commissioned in Malay field

Powerful booster compressor station will be put into operation soon at Malay Gas Field in Lebap Region. Most of construction works has been accomplished. Design capacity of the station is 30 billion cubic meters of gas per year.

The Malay Field in Karakums, which is located 80 km away from Turkmenabat, is under industrial development for more than 20 years. For all these year, gas complex has not only provided cities, villages and industrial facilities of the eastern region with gas but also...

On the threshold of cotton harvesting

Fluffy snow-white balls on stems of the cotton have become a decoration of fields in Amudarya Valley. This year, the area of cotton fields in Lebap Region has been increased to 130,000 hectares. It is planned to produced 320,000 tons of valuable technical crop from this area. Together with the last cycle of agro technical activities, integrated preparation to the harvest campaign is under completion.

Action plans, which is aimed at organized and qualitative harvest campaign, reaping of produc...

Actual business: Entrepreneurs expand warehouse network

Construction of first private warehouse complex for storage of 30 tons of agricultural and food production has started on Dashoguz Region.

The complex is built in S. A. Niyazov district by member of the Union Industrialists and Entrepreneurs of the country R. Saburov. Total are of new facility will be o,7 hectares. It will have optimum conditions for long-term and qualitative storage of food production. The project provides two warehouses and one administrative building as well as technical f...

Cyber Security Certification Department to be opened in Türkmenstandartlary State Service

The General State Service of Türkmenstandartlary plans to open Cyber Security Certification Department for arrangement of work for certification of technical equipment and software, which are produced in our country or imported. This information was presented at the session of the Government on August 27.

As is known, according to the State Programme of Turkmenistan for Provision of Cyber Security and Plan of implementation of the State Programme of Turkmenistan for Provision of Cyber Securit...

Implementation of the Programme of social and economic development of Turkmenistan is a subject of a meeting

At the request of President Gurbanguly Berdimuhamedov, the Cabinet of Ministers has held a session with participation of the Vice-premiers, who are in charge of the regions of the country, agricultural, financial and economic, oil and gas, transport, trade and textile complexes as well as heads of the regions, Minister of Agriculture and Natural Protection, Chairman of the State Water Management Committee.

During the session, the utmost objectives related to fulfilment of the Pro-gramme of so...

Balkan Shipyard diversifies the production

Balkan Shipyard OJSC increase the rates of work. Since it was opened, the facility has already repaired 24 vessels, carried out average complexity maintenance work on 24 vessels at berth and 23 ships have undergone intermediate maintenance.

The shipyard is designated for overall maintenance of big and small crafts. It has a system for launching and maintenance of ships up to 10,000 tons of deadweight and building of 4 – 6 ships per year. The shipyard has all capabilities for construction of o...

Production of petrochemical industry and textile are on top of exchange trades

25 transactions have been registered at the trades of the State Commodity and raw Material Exchange of Turkmenistan last week.

For foreign currency, entrepreneurs from United Arab Emirates and Afghanistan have bought jet fuel and hydro treated diesel fuel respectively. UAE businessmen have also bought high-density polyethylene.

In addition, dyed and jacquard terry products, cotton fabrics and yarn have been sold for foreign currency to Russia, UAE, Turkey, Azerbaijan, Kyrgyzstan and other...