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Tuesday, June 3 2025

The Central. Asia

The Central. Asia

News from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan
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Category: Turkmenistan

Uzbekistan enhances financial resilience at UNDP workshop on insurance and risk financing
Categories Turkmenistan

Uzbekistan enhances financial resilience at UNDP workshop on insurance and risk financing

  • By TheCentral.Asia
  • Estimated read time 3 min read
  • August 6, 2024

Uzbekistan recently participated in a regional workshop aimed at exchanging experiences on building financial stability through the development of insurance and risk financing. The event…

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Türkiye and Turkmenistan plan 300 bcm gas trade over 20 years, begin with 2 bcm swap method
Categories Turkmenistan

Türkiye and Turkmenistan plan 300 bcm gas trade over 20 years, begin with 2 bcm swap method

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 5, 2024

Türkiye and Turkmenistan plan to trade 300bn cubic meters (bcm) of natural gas over the next 20 years, with an annual trade volume of…

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Kazakhstan imposes nearly $30mn fine on Nazarbayev’s son-in-law’s oil company
Categories Turkmenistan

Kazakhstan imposes nearly $30mn fine on Nazarbayev’s son-in-law’s oil company

  • By TheCentral.Asia
  • Estimated read time 1 min read
  • August 5, 2024

Kazakhstan’s Atyrau region prosecutor’s office has imposed a substantial fine of nearly KZT 13.7bn (over $28.8mn) on Caspiy Neft, a company linked to Timur…

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Iran-Turkmenistan non-oil trade reaches 447,000 tons in 4M24, valued at $156mn
Categories Turkmenistan

Iran-Turkmenistan non-oil trade reaches 447,000 tons in 4M24, valued at $156mn

  • By TheCentral.Asia
  • Estimated read time 1 min read
  • August 5, 2024

Iran’s non-oil trade with Turkmenistan saw a notable increase in 4M24 (March 20 – July 21), as per the latest data from Iran’s Customs…

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Fitch Ratings upgrades Turkmenistan’s LTFC Issuer Default Rating to ‘BB-‘
Categories Turkmenistan

Fitch Ratings upgrades Turkmenistan’s LTFC Issuer Default Rating to ‘BB-‘

  • By TheCentral.Asia
  • Estimated read time 7 min read
  • August 3, 2024

Fitch Ratings has upgraded Turkmenistan’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) from ‘B+’ to ‘BB-‘. The outlook for this rating is stable. The…

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Turkmenistan, Turkey discuss construction combined cycle power plant, to facilitate electricity export
Categories Turkmenistan

Turkmenistan, Turkey discuss construction combined cycle power plant, to facilitate electricity export

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 2, 2024

President of Turkmenistan Serdar Berdimuhamedov received the Minister of Energy and Natural Resources of Turkey, Alparslan Bayraktar, to discuss the prospects of strengthening bilateral…

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Pakistan suspends all commercial truck crossings with Afghanistan
Categories Turkmenistan

Pakistan suspends all commercial truck crossings with Afghanistan

  • By TheCentral.Asia
  • Estimated read time 3 min read
  • August 2, 2024

Pakistan shut down all commercial truck crossings with Afghanistan on August 1, resulting in trucks loaded with goods being stranded on both sides of…

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Turkmenistan launches container train service from India to Uzbekistan
Categories Turkmenistan

Turkmenistan launches container train service from India to Uzbekistan

  • By TheCentral.Asia
  • Estimated read time 1 min read
  • August 2, 2024

The “Transport-Logistics Center of Turkmenistan” (TULM) has initiated its first container train service from India to Uzbekistan, focusing on optimizing container freight train traffic…

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Uzbekistan-Turkmenistan bilateral trade exceeds $1bn over past five years
Categories Turkmenistan

Uzbekistan-Turkmenistan bilateral trade exceeds $1bn over past five years

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • August 1, 2024

Uzbekistan and Turkmenistan are strengthening their economic ties with a focus on improving transport connections, following negotiations between countries in Tashkent on July 16.…

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Turkish energy minister visits Ashgabat for Turkmen gas talks
Categories Turkmenistan

Turkish energy minister visits Ashgabat for Turkmen gas talks

  • By TheCentral.Asia
  • Estimated read time 1 min read
  • August 1, 2024

Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, arrived in Ashgabat to discuss the purchase of Turkmen gas on July 30. During his…

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