• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09182 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09182 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09182 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09182 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09182 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09182 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09182 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09182 0.11%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
18 December 2024

Viewing results 1 - 6 of 749

Uzbekistan Looks to Turkmen Gas to Tackle Winter Energy Crisis

Uzbekistan has faced persistent gas and electricity shortages for over 25 years, leaving many citizens to rely on stoves and makeshift heating systems to stay warm during harsh winters. In 2024 alone, 82 people have died, and another 80 remain in serious condition due to carbon monoxide poisoning. The situation could improve if Uzbekistan shifts to importing natural gas from Turkmenistan. Turkmenistan recently declined to renew its gas contract with Russia, citing its strategy to diversify exports and secure better prices. With natural gas reserves estimated at 17.5 trillion cubic meters, Turkmenistan is a regional energy powerhouse, supplying significant volumes to China while maintaining domestic stability. Meanwhile, Uzbekistan’s gas production has declined, exacerbating its energy crisis. Despite ranking 17th globally in terms of gas reserves, Uzbekistan produced only 33.48 billion cubic meters of natural gas between January and September 2024 - 4.8% less than during the same period last year. At the same time, energy demand is rising due to population growth and a 6% economic expansion. Experts suggest that prioritizing imports from Turkmenistan could alleviate Uzbekistan’s energy woes. Former Energy Minister Anvamirzo Khusainov highlights the 1,500-kilometer border shared by the two countries and the existing pipeline infrastructure that could facilitate Turkmen gas imports. However, such a decision would require Uzbekistan to reduce its historical reliance on Russia - a move that carries significant political implications. The approaching winter may force Tashkent to make this critical choice. Reliable and cost-effective gas supplies from Turkmenistan could provide much-needed relief and help Uzbekistan address its longstanding energy shortages.

Turkish Contractors Implement New Large-Scale Projects in Turkmenistan

The Turkish Ministry of Trade has reported that construction projects valued at $53.3 billion are being implemented in Turkmenistan; signifying Turkey's significant presence in this sector of the country. By comparison, the total value of projects implemented by Turkish contractors in Russia amounted to $102.3 billion, making it the largest market for the Turkish sector, whilst in Kazakhstan, its market share is  $29.5 billion. Statistics show that 13.9% of all realized foreign projects are related to the construction of highways, tunnels, and bridges, while 13.8% are for housing; 8.6% for power plants; 7.1% for shopping centers; and  6.6% for airports. In 2024, Turkish contracting companies completed 148 projects abroad worth $11.2 billion, while 433 international projects totaling $28.1 billion were completed last year. The average value of projects increased from $64.9 million in 2023 to $75.7 million in 2024. Following a meeting on September 2, between the National Leader of the Turkmen people, Gurbanguly Berdimuhamedov and Chairman of the Board of  Erman Ilydjak,  a new shopping center will be built in Ashgabat by Turkish company Rönesans Holding.

Turkmenistan Celebrates Caspian Sea Day

The Caspian Sea Day is currently being celebrated in a series of festive events in Turkmenistan's national tourist zone, Avaza, With a key focus on environmental awareness, specialists from the Nature Protection Society of Turkmenistan have organized a programme of educational activities in schools and public spaces to instil in children, a love and respect for nature, encourage them to live in harmony with the environment, and develop a strong sense of responsibility for nature conservation. As part of the Caspian Day celebrations, the Society has conducted creative contests on environmental themes, exhibitions demonstrating the beauty of nature, photo contests, and cultural and sports competitions dedicated to the flora and fauna of the Caspian Sea. In addition to the above, Turkmenistan has organized international conferences, scientific meetings, and environmental events, with special attention paid to protecting the marine environment, preserving the unique ecosystem of the Caspian Sea, and developing regional cooperation. President Serdar Berdimuhamedov of Turkmenistan has consistently advocated turning the Caspian Sea into a zone of peace, trust, and ecological well-being, and is actively involved in developing trade, economic, and socio-cultural ties in the region. The Caspian Day on August 12 - a date chosen in connection with the instigation of the Framework Convention on the Protection of the Caspian Sea and the Environment from Pollution - has been celebrated annually since 2006, by the five Caspian littoral states: Kazakhstan, Azerbaijan, Iran, Russia, and Turkmenistan.

Turkmen Students To Be Able to Apply for British Scholarships

The British Embassy in Turkmenistan has announced the opening of applications for the Chevening Scholarship program for the 2025-2026 academic year. The scholarship, funded by the UK government, gives Turkmen students a unique opportunity to earn a Master's degree at leading British universities within one year. The Chevening program covers many specialties, and the scholarship covers all tuition, accommodation, and transportation costs, allowing students to focus fully on their studies. Candidates wishing to participate in the program must be at the beginning or middle stage of their professional career, and have an excellent command of English. Chevening provides young professionals in Turkmenistan with an opportunity to enhance their qualifications, gain invaluable learning experience at one of the world's leading universities, and broaden their professional horizons.

Turkmen Musicians Win Gold at World Orchestra Festival

Turkmen musicians have participated for the first time in the X World Festival of Orchestras, “One Future,” which was held from July 25 to 28 in Vienna. Therein, they secured the Gold Prize in the Chamber Orchestra category. The Youth Chamber Orchestra, directed by Rasul Klychev, captivated the audience and jury with its masterful performance of Turkmen melodies and classic foreign pieces. At the festival's closing ceremony, held in the famous Golden Hall of the Vienna Philharmonic, the Turkmen musicians received the jury's highest score — forty points. British conductor Toby Purcer, head of the festival's creative committee, stated that he highly appreciated the orchestra's performance and hoped to organize joint concerts in Turkmenistan in the future.

Iran-Turkmenistan-Kazakhstan-China Rail Transport Route Resumes Operation

KTZ Express, a subsidiary of Kazakhstan’s national railways company Kazakhstan Temir Zholy (KTZ), and China Railway Container Transport Co. Ltd. have resumed the operation of  container trains on the Iran-Turkmenistan-Kazakhstan-China route. As reported by KTZ’s press service, representatives of Iran, China, Kazakhstan, and Turkmenistan attended a ceremony on July 21 at Iran's Aprin station to mark the departure of a container train to China. The train, consisting of 50 forty-foot containers, will arrive in China within 12 days. This shipment marks the restoration of the transport corridor, strengthening trade relations between participating countries.