• KGS/USD = 0.01179 0.85%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09364 -0.32%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01179 0.85%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09364 -0.32%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01179 0.85%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09364 -0.32%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01179 0.85%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09364 -0.32%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01179 0.85%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09364 -0.32%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01179 0.85%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09364 -0.32%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01179 0.85%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09364 -0.32%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01179 0.85%
  • KZT/USD = 0.00209 0%
  • TJS/USD = 0.09364 -0.32%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 85

Belgian Company Expands Turkmenistan Operations to Support Growth of Middle Corridor

Jan De Nul, a Belgian group of companies known for its offshore construction and environmental projects, is expanding its activities in Turkmenistan. The company’s expansion is a response to the expected increase in cargo traffic along the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. A spokesperson from the company said: "We recognize the need to deepen maritime access channels to port infrastructure and operating bases as Caspian Sea levels drop and cargo traffic increases. Our company has the expertise and resources needed to address these challenges quickly and efficiently, given the growing role of the TITR in the region." Jan De Nul's expansion in Turkmenistan confirms the region's importance and potential for transportation infrastructure development.

First Chinese Freight Train Leaves For Iran via Turkmenistan

The Iranian ambassador to China, Mohsen Bakhtiar, has announced the launch of a new freight route linking China and Iran. According to Bakhtiar, a Chinese transit train has left Xi'an for Tehran. It will arrive in the Iranian capital about ten days after departing China. The train will enter Iran through the Inche-Burun checkpoint, after passing through Kazakhstan and Turkmenistan. Bakhtiar commented that the launch of this route is part of the Iranian embassy's efforts to strengthen the country's transit potential by ensuring the transportation of Chinese goods to West Asia and Europe.

Afghanistan Ready to Implement TAPI Project

The meeting of Turkmenistan's ambassador to Afghanistan, Khoji Ovezov, with Afghan Foreign Minister Amir Khan Muttaki in Kabul demonstrated specific dynamics in implementing the TAPI gas pipeline project. The news agency Alemarah reported the talks centered on the TAPI project and its advancement in Afghanistan. Diplomats discussed the possibility of increasing the pipeline's capacity, which could significantly increase the volume of Turkmen gas supplies to Pakistan and India. In addition to TAPI, the sides considered expanding transit and transportation connections through the Turgundi station and the joint electric power project of the Nurul Jihad substation in Herat province. The Afghan side assured determination to resolve the outstanding issues on the TAPI project and start actual work. "We are preparing all the necessary documents and starting preparations for construction," Amir Khan Muttaki said. The minister also noted the work being done to develop railroad facilities in the dry port of Turgundi and promised to update Turkmenistan soon. Taliban official Zabihullah Mujahid recently announced Afghanistan's readiness to develop the TAPI project further and cooperate with regional countries to create a North-South international transport corridor.

Turkmenistan Discusses Transit Logistics With Company From China’s Shandong

Ashgabat recently hosted a working meeting between representatives of the Turkmen Logistics Association and the Chinese logistics company Shandong Hi-Speed Qilu Eurasia Railway Logistics Co., a key operator in China's Shandong province. The two sides discussed prospects for cooperation in logistics, noting Turkmenistan's growing potential as an important transit hub. The country's convenient geographical location, and its active investment in the development of transport infrastructure -- including the automation of customs procedures and the use of modern equipment -- are reasons for a recent increase in the volume of cargo transportation through Turkmenistan. The Chinese delegation led by Liu Junfeng, head of the company's representative office in Uzbekistan and head of the branch in Kazakhstan, emphasized interest in strengthening cooperation with Turkmenistan. Shandong Hi-Speed Qilu Eurasia Railway Logistics Co. specializes in rail and road freight transportation and has representative offices in many countries.

Turkish Vice President: Turkmen Gas Supplies Via Turkey Will Help Ensure Energy Security in Europe

Turkish Vice President Cevdet Yilmaz has said that Turkmen gas supplies through Turkey will contribute to the country's national welfare and ensure Europe's energy security. This was said during his speech at the informal summit of member states of the Organization of Turkic States (OTS) in Azerbaijan. "The transportation of trans-Caspian resources, especially Turkmen natural gas, to Turkey and Europe will contribute to our national welfare and security. We are pleased with establishing an energy mechanism within the framework of the OTG and the publication of contact projects," Yılmaz said. According to him, the Organization will further strengthen ties between Turkic states as the world's economic centers of gravity change and the importance of Turkic geography increases. "The work that will be done in our countries to develop the Middle Corridor will both strengthen our cooperation and show the global role of the Turkic world," the Vice President emphasized.

Turkmen Watermelons Struggle to Compete with Iranian Imports

Chronicles Turkmenistan reports that Iranian watermelons are now cheaper than those produced locally. Turkmen farmers were encouraged to plant watermelons on leased lands on the assurance that the crops would be irrigated at the state's expense. However, given the high volume of water required to cultivate the fruit and the need for farmers to irrigate their crops twice per season, only those with the means, could afford to pay for their own pumps. As stated in the publication's report, “-That- was not enough to get a good harvest. Also, the cost of production, including irrigation and other costs, was higher than expected." The vast stocks watermelons imported from Iran to markets  in Meri and Lebap Velayats are significantly cheaper than local produce, selling at  4–5 manats (TMT) ($1.14–1.43) per 6 to 9 kilogram compared to  1.50 TMT ($0.43) per kilogram or an average of  7-8 TMT ($2– 2.29) per Turkmen melon. As a result, Turkmen farmers struggle to sell their produce and are suffering significant losses.