• KZT/USD = 0.00224
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
  • KZT/USD = 0.00224
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29850
17 September 2026

Viewing results 13 - 18 of 908

Turkmenistan Gas Expansion in Caspian Advances with Petronas

Turkmenistan is expanding offshore gas development in the Caspian Sea, while increasing production at existing fields and seeking new markets for its gas. Malaysia’s state-owned Petronas has secured two new offshore blocks after nearly 30 years in the country, while UAE-based XRG has joined it in the existing Block I project. Petronas Expands in the Caspian Petronas reported in late August that it had signed agreements covering offshore Blocks 19 and 20 in the Turkmen sector of the Caspian Sea. The agreements themselves were signed in June. Turkmenistan also plans geological surveys at four additional blocks — 11, 12, 13, and 14. The size of their reserves, future investment, and potential production timelines have not been disclosed. Petronas is Malaysia’s national oil and gas company and one of the largest foreign investors in Turkmenistan’s energy sector. It entered the country in 1996 and has since developed a group of offshore fields known as Block I. Over three decades, five offshore platforms have been built and around 40 exploration, appraisal, and production wells drilled in the area. According to Turkmenistan’s state oil company Türkmennebit, operations have produced more than 44 billion cubic meters of gas and 16 million tons of liquid hydrocarbons. In 2025, XRG joined the project. The international energy investment company was established by ADNOC, the state-owned oil and gas group of Abu Dhabi. Petronas retained operatorship and a 57% interest, XRG acquired 38%, and the remaining 5% is held by Turkmenistan’s state-owned Hazarnebit. The gas produced by the project is sold to state-owned Türkmengaz, which controls the country’s gas sector. The offshore fields currently produce around 11.3 million cubic meters of gas per day, while their resource base is estimated at around 200 billion cubic meters. A new well began producing at the Magtymguly field in August. The well produced more than 1.3 million cubic meters of gas and around 130 tons of gas condensate per day. Galkynysh and China The Caspian projects account for only part of Turkmenistan’s gas industry. Much larger volumes are produced in the east of the country, home to Galkynysh, one of the world’s largest natural gas fields. In April, Turkmenistan launched another stage of the field’s development with CNPC, China’s state-owned oil and gas company. The project, worth around $5.1 billion, is expected to add another 10 billion cubic meters a year to Galkynysh’s production capacity. The two projects reflect different strands of Turkmenistan’s gas strategy. China remains the main buyer of Turkmen gas, receiving around 30 billion cubic meters annually through the Central Asia-China gas pipeline. In the Caspian Sea, meanwhile, Turkmenistan is attracting capital and technology from Malaysian and Emirati companies. Seeking New Export Routes As production expands, Ashgabat is also trying to diversify its export markets. Most of the country’s gas export infrastructure is currently oriented toward China, prompting Turkmenistan to spend years exploring alternative routes. One is TAPI, the planned gas pipeline running through Afghanistan toward Pakistan and India. In recent months, work has advanced most actively on...

It’s a Marvel vs. DC Musical Battle – in Turkmenistan

A Turkmen string orchestra plans to perform soundtracks from Marvel and DC superhero movies in Ashgabat this month. On September 17, the Tahir Atayev Orchestra will play theme music associated with Spider-Man, Thor, Batman, and other comic-book icons, promising “a true symphonic confrontation between two worlds.” The event will happen at the Magtymguly National Music and Drama Theater, one of Turkmenistan’s most important cultural venues. The theater, which has a dome and marble columns, can seat about 750 people. Ashgabat Events, a local platform, provides a phone number for ticket inquiries, but doesn’t say how much they cost. The Tahir Atayev Orchestra has sometimes moved beyond classical or conventional repertoire since making its debut in 2018. In June 2020, it joined with vocalists to perform versions of hits by bands such as Queen, AC/DC, and Scorpions in a well-received concert titled “Heat.” “We’ll continue performing and strive to continue surprising audiences with creative ideas, original execution, and discovering new stars,” conductor Tahir Atayev said after the 2020 rock show, according to Golden Age, a state media outlet in Turkmenistan. As it prepares for the superhero concert, the orchestra is relishing not only the childhood and often lifelong feelings that superhero stories evoke, but also the traditional, fan-fueled rivalry between the Marvel and DC franchises. “This is more than just a concert,” the orchestra says. “It’s a clash of two universes, two eras, two musical worlds and two legends that millions of people can recognize within the first few seconds.” Turkmenistan’s government maintains tight media and other restrictions, and it is difficult to assess the popularity and accessibility of superhero movies and other cultural imports in the country. However, the promotional material of the Tahir Atayev Orchestra suggests that organizers believe some portion of the population is familiar with and enthusiastic about the Marvel and DC films. At the beginning of this year, the Zaman-Türkmenistan newspaper reported that the “eagerly awaited” Avengers: Doomsday and Dune: Part Three will be released in theaters on December 18, leading to the creation of the term “Dunesday.” The newspaper says it delivers information worldwide via its website and mobile app, but is also printed by state publishers and distributed to “all regions” of Turkmenistan.

Turkmenistan Methane Emissions Under Scrutiny After 192 UN Alerts

UN satellite monitoring has identified Turkmenistan as one of the world’s most serious methane hotspots, with 192 alerts for the country issued over the past year. Three of the six largest leaks detected globally by the system over the past six months were in Turkmenistan, as were nine of the top 50. Eight major leaks have since been stopped after repairs. For Ashgabat, however, the issue is also taking on commercial significance: new EU rules are gradually linking access for imported gas to the European market with its methane footprint. The United Nations Environment Programme (UNEP) has confirmed eight cases in which major methane leaks in Turkmenistan were stopped after operators took action. The first two were recorded in November 2024, with further cases confirmed at several oil and gas sites over the following year. In February 2026, two leaks were stopped at Dauletabad, one of Turkmenistan’s largest gas fields. The latest confirmed case dates to March, in Lebap Province, one of the country’s main gas-producing regions. The leaks are detected by the UN's Methane Alert and Response System (MARS), which uses data from more than 30 satellite instruments. After detecting a major methane plume, MARS provides the information to the government or facility operator and then uses satellite observations to determine whether the emissions have stopped. Meghan Demeter, program manager for MARS at UNEP’s International Methane Emissions Observatory, called the first repairs an “incredible first step.” In comments to The Guardian on August 31, she stressed that significantly more work remains to be done, saying the repairs did not yet represent a breakthrough in the overall scale of Turkmenistan’s emissions. The scale of the problem is also reflected in data from the International Energy Agency (IEA). In its Global Methane Tracker 2026, Turkmenistan and Venezuela have by far the highest methane emissions intensities from upstream oil and gas production among major producers. The gap between the best and worst performers is more than 100-fold. Methane intensity measures emissions relative to the amount of fuel produced, allowing producers of different sizes to be compared. According to the IEA, large emissions events visible from satellites are particularly common in Turkmenistan: the country accounts for more than a third of all oil- and gas-related MARS observations in Eurasia. Satellite studies point to a worsening trend in recent years. One found that super-emitter activity on Turkmenistan’s western coast increased by about 8% annually between 2020 and 2023. The IEA’s own analysis shows that emissions from super-emitter events across Turkmenistan grew by more than 15% a year on average over the same period. The study of the western coast also estimated that methane emissions there rose by around 7% annually between 2020 and 2023, broadly in line with growth in natural gas production. Methane has a much stronger short-term warming effect than carbon dioxide. At the same time, it is the main component of natural gas, meaning leaks also represent a loss of fuel that could otherwise be sold. The IEA notes that high emissions intensity...

World Nomad Games Return Home as Kyrgyzstan Welcomes World Leaders

Few periods since independence have put Kyrgyzstan so squarely in the international spotlight. On August 31, the country marked 35 years of independence, opened the sixth World Nomad Games, and prepared to host a Shanghai Cooperation Organization summit that has brought more than a dozen foreign leaders to Bishkek. The Games themselves were back where they began. Kyrgyzstan launched the World Nomad Games in 2014 and staged the first three editions at Cholpon Ata before the event moved to Turkey in 2022 and Kazakhstan in 2024. This year's Games run through September 6, with The Times of Central Asia reporting from Bishkek and Issyk-Kul throughout the week in our special coverage. The opening took place at the new Bishkek Arena, rising out of the dust on the southwestern edge of the capital near the foothills of the Kyrgyz Ala-Too Range. Around 30,000 spectators attended the ceremony. The stadium will eventually hold more than 51,000, but it is not formally due to open until October 5. The Games opened while work on the arena was still underway, with parts of the building still looking unfinished. In the weeks before the ceremony, horses had circled the arena floor during rehearsals while drilling continued around them. By the time the spectators arrived, the construction site had become the biggest show in town. Before the politics and pageantry, there was pop. Kyrgyzstan put many of its best-known performers on stage in a concert that at times had a distinctly Eurovision feel. Energetic hosts introduced a succession of singers and rappers while tightly choreographed dancers moved between traditional dress and contemporary styling. The lineup included Bayastan, Malika Dina, Erlan Andashev, Begish, and others, but veteran singer Baktiyar Toktorov received the loudest reaction. When he launched into "Yza," known almost universally by its "Bui-Bui" refrain, spectators rose from their seats and sang with him. Even some of the security guards joined in. The refrain does not demand many words, but almost everybody in the arena seemed to know them. The new stadium also showed some early teething problems, with concession stands running out of bottled water and food as crowds built. After the concert, the momentum disappeared. The audience waited for around 90 minutes while footage of arriving dignitaries played on the giant screens. The reason for the pause soon became clear, as one motorcade after another delivered guests for the formal ceremony. Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Turkish President Recep Tayyip Erdogan, Iranian President Masoud Pezeshkian, and Belarusian President Alexander Lukashenko were among those in the stands. The presidents of Kazakhstan, Tajikistan, and Uzbekistan also attended, along with leaders and senior officials from elsewhere in Asia, the Caucasus, and Africa. UN Secretary-General Antonio Guterres was among the international guests. One expected heavyweight was missing. Chinese President Xi Jinping, in Bishkek for a state visit and the SCO summit, had been due to attend the opening. Presidential spokesman Askat Alagozov said Xi had stayed away because of the deadly flooding and landslides in...

Turkmen Fashion Heads to Paris

Designers from Turkmenistan will display their ready-to-wear clothing at Who's Next in Paris, an international fashion trade show that runs from September 5–7. Under an EU-funded initiative, four designers and brands from the Central Asian country will participate in the show, according to the International Trade Centre, an agency of the United Nations and World Trade Organization that promotes small and medium-sized businesses in emerging economies. They are Mukaddes Ibragimova, whose work includes corsets, jackets and trousers in denim, embroidered silk and garments using ikat, a dyeing and weaving technique; Desert Heritaga, which works with handwoven silk, cotton, linen and camel wool; Aymahri Boutique, whose hand embroidery on linen is inspired by Nisa, an ancient capital of the Parthian Empire that lies near modern-day Ashgabat; and Binaym Project, which draws on traditional Turkmen techniques for its denim patchwork. In June, the TurkmenTextile Expo in Ashgabat highlighted the role of traditional textiles in fashion and featured the Eurasian Council for Craft & Design, a platform that promotes regional designers and artisans. Turkmenistan has said it is increasing investment in spinning, weaving, knitwear, sewing production, and other aspects of its textile industry. Part of that effort has included the introduction of new production technologies from Japan and Europe. Turkmen officials say they are bringing the textile industry into line with international standards despite concerns about labor conditions during the annual cotton harvest.

TAPI Pipeline Moves Closer to First Gas Sales in Afghanistan

After decades of delays, the TAPI gas pipeline has moved closer than ever to actual gas sales – but first to the smallest of its intended markets. Turkmenistan is preparing to supply gas to Afghanistan’s Herat province, while the timeline for extending the pipeline to Pakistan and India remains uncertain. On August 10, state-owned Turkmengaz and Afghan Gas signed a memorandum covering the purchase of gas through TAPI. The document does not itself set a price or supply volume, but it brings closer the prospect that Afghanistan could become the first TAPI customer actually to receive gas. Afghanistan was already part of TAPI’s original customer base. Afghan Gas and Turkmengaz signed a gas sale-and-purchase agreement in 2013. What has changed is that the pipeline is now approaching a market it can physically serve. On August 27, Herat Governor Islam Jar said the local section of TAPI was expected to be commissioned within two months. Turkmenistan has not announced an equally specific date for the start of commercial gas supplies. TAPI was conceived as an approximately 1,800-kilometer pipeline running from Turkmenistan’s giant Galkynysh gas field through Afghanistan and Pakistan to the Indian border. Its planned capacity is 33 billion cubic meters of gas a year. At full capacity, Pakistan and India are each allocated 14 billion cubic meters of gas a year, while Afghanistan is allocated 5 billion. But after decades of planning, the pipeline has still not reached its principal intended customers. Construction of the 153-kilometer section from the Turkmen border toward Herat began in September 2024. Earlier this year, Turkmenistan said it expected to complete the section by the end of 2026, but no timetable has been announced for extending the pipeline farther south. According to the Afghan side, 116 kilometers of pipeline had been laid by early August. The August agreement also envisages the infrastructure needed to use the gas locally. Turkmen and Afghan officials have agreed to develop infrastructure in Herat to supply gas to industrial facilities, power plants, and households. The volumes involved would be modest compared with the roughly 30 billion cubic meters of gas Turkmenistan exports to China each year. But even limited sales through TAPI would give Ashgabat another export outlet. In February, Turkmenistan's still-influential former president Gurbanguly Berdimuhamedov described diversification of gas exports as one of the country’s main priorities. For TAPI itself, however, the first gas sales could matter even if the volumes are modest. Writing for The Times of Central Asia, Central Asia analyst Bruce Pannier noted that amid strained relations between Afghanistan and Pakistan, as well as between Pakistan and India, completion of the entire TAPI pipeline remains a distant prospect. He argued that supplying Herat alone could demonstrate to potential investors that the pipeline actually works. The memorandum signed on August 10 has offered little clarity on price, volumes and start dates. Afghanistan has separately proposed negotiating a long-term contract and pricing formula, while the gas distribution network in Herat still needs to be developed. The governor’s statement that the...