Economy
Ashgabat and Bucharest expand cooperation in consumer protection
08.02.2026Annamammet Annayev, Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Romania, held a meeting with Sorin Mierlea, Head of InfoCons, Romania's largest consumer protection organisation. This was reported by IIC. The parties discussed issues related to the labelling of imported goods, mechanisms for protecting intellectual property rights, and measures to ensure transparency in trade processes between Turkmenistan and Romania. During the negotiations, InfoCons representatives proposed the creation of a single information space for citizens of both countries. The project aims to provide Turkmen citizens living in Romania with prompt access to legal protection of their consumer rights. At the same time, for Romanian entrepreneurs and tourists, the platform will become a source of information on the rules and regulations in force in Turkmenistan, which will increase the predictability of business and travel conditions.
The ‘Garabogazkarbamid’ plant has increased its production of urea and ammonia
07.02.2026In January 2026, the ‘Garabogazkarbamid’ plant in the Balkan velayat of Turkmenistan produced 95,000 tonnes of urea, which exceeded the plan by 25,000 tonnes and amounted to 136% of the planned volume. This was reported by the online publication ‘Business Turkmenistan’. Since the beginning of the year, the enterprise has also produced more than 54,000 tonnes of ammonia against a target of 40,000 tonnes, achieving 135% of the target. Most of the production is exported to the UAE, Turkey, Afghanistan, Singapore and European countries. The plant's design capacity allows it to produce up to 1.155 million tonnes of urea and 660,000 tonnes of ammonia annually.
Oil and gas production in Turkmenistan increased in January 2026
07.02.2026On 6 February, Deputy Prime Minister B. Amanov presented the results of the country's oil and gas complex for January 2026 at a regular meeting of the Cabinet of Ministers. According to him, the oil production plan of the State Concern ‘Türkmennebit’ was fulfilled by 107.5%, reports TDH. According to the Deputy Prime Minister, oil refining at plants reached 106.4%, gasoline production – 126.5%, diesel fuel – 104.6%, polypropylene and lubricating oils – 100%, liquefied gas – 122.1%, and natural and associated gas production – 108.3%.
Turkmenistan's GDP growth of 6.3% was the key indicator in January
07.02.2026According to TDH, in January 2026, Turkmenistan's GDP grew by 6.3%, as reported by Deputy Prime Minister H. Geldimyradov at a government meeting on 6 February. The Deputy Prime Minister noted growth in industry of 2%, construction of 6%, transport and communications of 9.3%, trade of 8.2%, agriculture of 2% and services of 8.5%. The volume of production increased by 10%, and retail turnover by 10.1%. The state budget revenue plan was fulfilled by 102.2%, and the expenditure plan by 97.1%. Salaries, pensions, benefits and scholarships were paid on time. According to the Deputy Prime Minister, capital investments in January increased by 21.3% compared to last year. A report was also presented on the implementation of the National Rural Programme and the progress of construction of various facilities.
‘Balkandokma’ expands Turkmenistan's textile export potential
05.02.2026The closed joint-stock company ‘Balkandokma’ in the Gyzylarbat etrap of the Balkan velayat continues to strengthen its position in the textile industry of Turkmenistan, demonstrating stable production indicators. This was reported by IIC. According to the enterprise's economics and planning department, last year 3,877 tonnes of high-quality cotton yarn were produced for both the domestic market and export, which contributes to the replacement of imported goods. The yarn is made from local natural cotton and meets international environmental standards. Modern equipment from leading global manufacturers ensures stable quality and competitiveness of products. The production process is organised along the entire technological chain — from cleaning and sorting raw materials to packaging the finished yarn. Products are delivered by road and rail. The company's team of experienced specialists plans to increase production and expand exports in the new year, contributing to the development of the national textile industry.
Turkmen scientists have developed a technology for producing environmentally friendly cement
05.02.2026Scientists at the Institute of Chemistry of the Academy of Sciences of Turkmenistan have developed a technology for producing Portland cement with an increased content of mineral additives, which reduces the environmental impact without compromising quality. This was reported by the IIC of Turkmenistan. According to Rejepnur Nurberdiyev, Head of the industrial chemistry laboratory, the main cause of emissions in the cement industry is clinker production. Scientists have proposed increasing the proportion of active mineral components from 20% to 35%, reducing clinker and fuel consumption. Local moulding sand with active silicon oxide is used as an additive. Tests have shown that the cement retains its strength and resistance to aggressive environments, while reducing emissions and gas consumption. More than 300 kg of clinker is saved per tonne of cement. The results have been published in an international scientific journal and confirmed by joint research with the State Energy Institute of Turkmenistan. There are five cement plants in the country with a total capacity of over 3.5 million tonnes per year. The introduction of the new technology will increase the energy efficiency of the industry and its compliance with the principles of the ‘green’ economy.
The Halach spinning mill has increased its production and supply of yarn
03.02.2026The cotton spinning factory in the Halach etrap became one of the enterprises in the Lebap velayat that successfully completed the previous year. This was reported by the news website Turkmenportal. The volume of production amounted to 113.51 million manats, with the annual plan fulfilled by 140.2%. Production and sales figures exceeded the results of previous years. Over the year, 2,963 tonnes of yarn were sold, of which 2,226 tonnes were exported to Uzbekistan and Russia for a total of 72.309 million manats. Part of the production was supplied to domestic textile enterprises. The factory, equipped with modern equipment, produces five types of yarn, with yarn No. 17/1 being the most popular.
A modern oil products terminal has been launched in Turkmenistan
03.02.2026The modern port of Turkmenbashi plays an important role in the development of Turkmenistan's oil refining industry and in ensuring the operation of the Turkmenbashi Oil Refinery Complex (TOPC). This was reported by the IIC. As part of the expansion of the production and logistics infrastructure at the TOPC, a new berth No. 3 of the ‘Kenar’ enterprise has been put into operation, designed to load more than 2 million tonnes and unload more than 1 million tonnes of oil and oil products per year. The berth is equipped with modern automated equipment, safety and fire protection systems, which increases the reliability and efficiency of operations and contributes to the diversification of the country's export routes. The launch of the facility creates additional conditions for increasing processing volumes and consistent supplies of petroleum products to domestic and foreign markets.
Turkmenistan delegation promotes technology and business in Eswatini
02.02.2026Meetings were held in the Kingdom of Eswatini with the participation of a Turkmen business delegation led by the founder of the ‘Aýdyň Gijeler’ holding company, Hydyrberdi Abdyrahmanov. The visit continued the agreements reached during last year's visit by King Mswati III to Ashgabat, reports AsmanNews. On 27 January, the delegation was received by Minister of Foreign Affairs and International Cooperation Pholile Shakantu and Minister of Home Affairs Princess Lindiwe. The high level of representatives underscored the strategic importance of the visit and the readiness to cooperate with Turkmen companies. On 29 January, a key meeting was held with the head of the Eswatini Ministry of Information and Communication Technology, Savannah Maziya, who noted ‘Aýdyň Gijeler’ as a strategic partner. Last year, the minister visited the Turkmen ICT and electronics holding's factory. Eswatini plans to become a regional innovation hub, and Turkmenistan's experience can contribute to digital transformation and job creation for young people. The Turkmen delegation was also received by Eswatini Prime Minister Russell Mmiso Dlamini. The parties discussed commercial contracts, including sugar purchases by the Turkmen side, which will strengthen the trade balance between the countries. The visit confirmed the successful implementation of the Protocol on the Establishment of Diplomatic Relations signed in August 2025. Joint work is focused on technology, the implementation of Turkmen IT solutions, the exchange of climate-resilient practices and the creation of conditions for private capital. The trip demonstrates the formation of a new ‘South-South’ cooperation axis and the positioning of Turkmenistan as an exporter of technology and industrial solutions.
Turkmen specialists achieve success at the ‘Atabay’ gas field
02.02.2026The oil and gas industry continues to develop actively in Turkmenistan, remaining one of the key sectors of the national economy. One of the significant achievements was the successful drilling of the ‘Atabay-1’ appraisal well at the ‘Atabay’ field in the Ak Bugday etrap of the Ahal velayat, which is part of the Central Karakum gas-bearing region, reports AsmanNews. The well reached a design depth of 1,200 metres, and during exploration and testing of nine formations of the upper and lower Cretaceous period, eight were found to be gas-bearing. Particular attention was paid to the industrially significant inflow of environmentally friendly, sulphur-free natural gas with a flow rate of 284,000 cubic metres per day at a depth of 1,136-1,134 metres. It is planned to transfer the well to production management for commissioning, which will expand the supply of ‘blue fuel’ to consumers, strengthen the country's energy security and increase its export potential. The introduction of modern technology and equipment increases the efficiency of gas field development and confirms the consistent development of Turkmenistan's oil and gas and geological sectors.
Turkmenistan participates in ADB climate resilience project
02.02.2026Turkmenistan will join a regional project of the Asian Development Bank (ADB) aimed at strengthening transboundary cooperation in water resource management and increasing their resilience to climate change. This was reported by the online publication ‘Business Turkmenistan’. The project also covers Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan and is being implemented as part of the water component of the Central Asia Regional Economic Cooperation (CAREC) programme. The technical assistance budget is $750,000, funded by the ADB Special Fund. There are plans to create a regional platform for coordinated water resource management and the exchange of strategic decisions. The ADB emphasised that the project will strengthen institutional mechanisms for cooperation and introduce tools for climate-resilient water management. The bank has been cooperating with Turkmenistan since 2000, supporting the diversification of export markets and the strengthening of regional ties.
The ‘Single Window’ system speeds up exports and imports in Turkmenistan
01.02.2026In 2025, 189,954 licences and permits for export and import operations were issued in Turkmenistan through the ‘Single Window’ system. This is 2.7 times more than in 2024. This was reported by the website of the State Customs Service of Turkmenistan. More than 12,000 participants in foreign economic activity are registered in the system. The number of users continues to grow. The work of the ‘Single Window’ is coordinated by the Control and Analytical Centre of the Central Office of the State Customs Service. The system reduces the time required to process documents and speeds up foreign trade operations. The platform involves 19 ministries and departments, which provide 29 types of services. The service operates around the clock and processes about 1,000 permits per day.
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