Economy
The ‘Nebitdagnebit’ oil and gas department demonstrates high performance
21.01.2026The ‘Nebitdagnebit’ oil and gas department in the Balkan velayat demonstrated strong economic results in 2025. Total oil production exceeded 668,654 tonnes. This was reported by the news website Turkmenportal, citing the newspaper ‘Turkmenistan’. At the same time, about 43,664 tonnes of ‘black gold’ were produced in excess of the plan, which allowed oil workers to fulfil the annual target by 106.99%. In January 2026, the ‘Nebitdagnebit’ department, together with foreign partners and service enterprises of the ‘Türkmennebit’ State Concern, continues large-scale work on the industrial development of underground productive formations.
‘Kawasaki’ is ready to invest in the modernisation of Turkmenistan's industry
21.01.2026The Japanese company ‘Kawasaki Heavy Industries’ is ready to participate in infrastructure projects in Turkmenistan. This was reported by the online publication ‘Business Turkmenistan’. The company considers the country's investment climate to be favourable and intends to support the modernisation of industry by applying international experience and technology. ‘Kawasaki Heavy Industries’ has already implemented major projects in Turkmenistan, including the construction of a gas chemical plant in the Ahal velayat, the world's first plant to produce petrol from natural gas. The above-mentioned plant processes 1.8 billion cubic metres of gas per year, producing 600,000 tonnes of ECO-93 petrol, 12,000 tonnes of diesel fuel and 115,000 tonnes of liquefied gas.
China increases imports of Turkmen gas to record levels
21.01.2026In 2025, China imported natural gas worth $8.41 billion. Turkmenistan remains the main supplier, with gas going to China and Uzbekistan. This was reported by the online publication ‘Business Turkmenistan’. Approximately 40 billion cubic metres are supplied annually via the three lines of the ‘Turkmenistan-China’ gas pipeline, and the launch of the fourth line, D, will increase the volume to 65 billion cubic metres. At the beginning of the year, CNPC began commercial development of the fourth phase of the ‘Galkynysh’ gas field with a design capacity of 10 billion cubic metres per year. Trade turnover between the countries from January to November 2025 reached $9.164 billion.
LED lamp production is developing in Turkmenistan
20.01.2026The private company ‘Rysgally nesip’ in Balkan velayat is contributing to the import substitution policy by establishing the production of LED lamps under the ‘Çyrag’ brand. The products have already gained popularity in the domestic market as an alternative to foreign counterparts, according to the IIC of Turkmenistan. The company uses Turkish technology and produces ten types of LED lamps with a power range from 6 to 50 watts. The lamps are adapted to the climatic conditions of Turkmenistan and voltage fluctuations, which increases their reliability and service life. Production is carried out by a team of 40 specialists, with an annual output of 400,000 units. The company plans to expand its product range and increase capacity, confirming the private sector's readiness to supply the domestic market with energy-efficient products manufactured in the country.
Turkmenistan signs new export contracts at ‘Heimtextil 2026’
20.01.2026The Turkmen delegation signed a number of export agreements on textile supplies with foreign partners during the ‘Heimtextil 2026’ international exhibition, which took place from 13 to 16 January at the Messe Frankfurt exhibition centre in Frankfurt am Main. This was reported by ‘Business Turkmenistan’. According to the source, the agreements were reached during negotiations led by Minister of Textile Industry Nurmuhammet Orazgeldiyev with foreign companies and potential buyers. The national stand of Turkmenistan presented products made from natural cotton by domestic manufacturers. The exhibition demonstrated the high quality of Turkmen products, their competitiveness and modern design. ‘Heimtextil’ is one of the world's largest exhibitions in the field of home and contract textiles, bringing together manufacturers, designers, suppliers and buyers. This year, more than 3,000 exhibitors from 65 countries took part, presenting products ranging from decorative textiles to specialised solutions for the hotel sector.
Turkmenistan moves towards WTO accession: roadmap under development
19.01.2026Experts from the International Trade Centre have prepared a Roadmap for Turkmenistan to simplify trade procedures in preparation for accession to the WTO, according to Dmitry Shlapachenko, UN Resident Coordinator in Turkmenistan, as reported by the news website Turkmenportal. He noted that over 50 employees of national ministries had been trained in WTO rules and agreements, and a delegation of 10 government officials had studied Kazakhstan's experience in the process of joining the organization. An analysis of national legislation for compliance with WTO requirements is also continuing, and the country's regulatory framework for investment promotion is being assessed.
The ‘Hazarly’ gas field strengthens Turkmenistan's energy potential
19.01.2026The ‘Türkmengeologiýa’ State Corporation strengthens Turkmenistan's economy and energy independence. The industrial gas flow from exploration well No. 2 at the ‘Hazarly’ field was an important step in increasing reserves and confirmed the high potential of the Mary velayat fields, according to the news website Asmannews. After measurements and laboratory analysis of the gas, preparations will begin to connect the well to the unified gas transportation system. The new flow will support domestic consumption and key export destinations, primarily the Turkmenistan-China gas pipeline and, in the future, the TAPI route. The successes are linked to the modernisation of the ‘Marynebitgazgözleg’ expedition and the introduction of modern technologies, including high-powered digitally controlled drilling rigs capable of operating at depths of up to 7,000 metres. ‘Türkmengeologiýa’s plans for the future are focused on increasing gas reserves and digitising geological exploration, which is in line with the country's energy strategy.
Turkmenistan discussed the textile market with companies from Turkey and Switzerland
19.01.2026Representatives of the Ministry of Textile Industry of Turkmenistan discussed the current state and prospects of the global spinning market with the Turkish company ‘Burteks Tekstil’ and the Swiss company ‘Rieter’. This was reported by the online publication ‘Business Turkmenistan’. The meeting took place during the ‘Heimtextil 2026’ exhibition, held in Frankfurt from 13 to 16 January. ‘Rieter’ supplies equipment and systems for yarn production, including the processing of natural and synthetic fibres, used in factories around the world. ‘Burteks Tekstil’ specialises in the production and supply of textile products with an emphasis on quality and modern technology.
The ‘Guwlyduz’ enterprise produced 97,000 tonnes of salt in 2025
17.01.2026On the shores of the Caspian Sea, in the village of Guwlymayak, lies the ‘Guwlyduz’ enterprise, the largest and oldest salt producer in Turkmenistan. In 2025, production exceeded 97,000 tonnes, which was 102.2% of the plan, according to the Orient news agency. The ‘Guwly’ deposit is one of the largest in the world. Here, salt is formed naturally: seawater evaporates in the estuaries under the sun and wind, leaving pure crystals. Due to this, the salt does not require deep chemical purification and retains microelements that are useful for both food and industry. In 2025, 97,053 tonnes of salt were produced: 86,270 tonnes of coarse industrial salt and 23,000 tonnes of packaged food-grade salt, which is supplied throughout the country. Production is carried out in compliance with environmental standards, preserving the natural balance of the region. ‘Guwlyduz’ products are used not only in cooking. Pure salt is in demand in the textile industry, medicine, balneotherapy and the oil and gas sector. The entire extraction process requires almost no electricity — the main ‘worker’ is the sun, which turns seawater into crystals that are collected by special harvesters.
Russian Ambassador: Agreement on Turkmen-Russian university nears completion
17.01.2026The draft inter-governmental agreement on the establishment of a Turkmen-Russian university in Ashgabat is in its final stages. This was announced by Russian Ambassador to Turkmenistan Ivan Volynkin, according to Turkmenportal. According to him, the document defines the conditions for the creation and operation of the Russian-Turkmen university in the capital of Turkmenistan. Ivan Volynkin noted that more than 54,000 students from Turkmenistan are studying at Russian universities. In 2025, the Russian Federation government's quota for Turkmen applicants was 500 state-funded places. Also on the agenda is a project to build a new building for the lower grades of the A.S. Pushkin Joint Turkmen-Russian Secondary School, which has been operating since 2002. The Ambassador said that in 2025, Russian-Turkmen cooperation in the cultural sphere remained active. More than 190 humanitarian events were held, attended by about 16,000 people. He separately noted the interest of the Ashgabat audience in the Russian Embassy's musical project ‘Diplomaticheskiye notki’ (Diplomatic musical notes), which included concerts featuring works by Russian classics.
The ‘Made in Turkmenistan’ brand presented textiles at an exhibition in Germany
17.01.2026From 13 to 16 January, Germany hosted the world's largest textile exhibition, ‘Heimtextil 2026’. For the Ministry of Textile Industry of Turkmenistan, participation in the event marked a strong international start to the year: the Made in Turkmenistan brand confirmed its competitiveness, according to the Orient news agency. Digital printing, which allows complex patterns and designer images to be applied with high precision, attracted particular attention at the Turkmenistan stand. This opens up opportunities for personalised textiles and interiors with long-lasting designs. Among 3,000 participants from 65 countries, Turkmen manufacturers held successful negotiations with buyers and designers, demonstrating the industry's readiness for global integration. The Frankfurt experience will be followed by ‘TurkmenTextile Expo 2026’ in Ashgabat (4–6 June), where foreign partners are invited to implement global trends in Central Asia.
Turkmenistan entered the top 10 countries in terms of imports to Uzbekistan
16.01.2026Turkmenistan entered the top ten largest suppliers of goods to Uzbekistan in January–November 2025. This was reported by ‘Business Turkmenistan’, citing a report by the State Statistics Committee of Uzbekistan. Imports from Turkmenistan amounted to US$926.2 million. The country ranked eighth among Uzbekistan's trading partners. The top ten also included China (US$12.8 billion), Russia (US$7.8 billion), Kazakhstan (US$3 billion), Turkey (US$1.7 billion), South Korea (US$1.5 billion), Germany and India (US$1 billion each), Belarus (US$698.8 million) and the United States (US$656.1 million). Uzbekistan's total imports for the reporting period reached US$41.9 billion, which is 18.7 per cent more than a year earlier. Supplies were made from 180 countries. Trade turnover between Turkmenistan and Uzbekistan for January–November 2025 amounted to $1.064 billion.
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