May 25th: Turkmenistan Weekly Energy Review

The latest TWER is now available for free at the link below.  Also included in this weeks issue is an updated profile of Commodity Exchange news from the preceeding week. TURKMEN WEEKLY ENERGY REVIEW N 37

East-West Pipeline Updates

A portion of the second west-to-east natural gas transmission pipeline at the construction site in the Chinese town of Fengle near Wuwei City, in China’s northwestern Gansu Province. Photo courtesy of Xinhua/Li Xueren.

(Courtesy of nCa) — Turkmenistan will start building a multi-billion-dollar gas pipeline in June 2010. The East-West pipe would connect all the major gas fields of Turkmenistan to a single network.
Two state corporations – Turkmengaz and Turkmennebitgazgurlushyk (Turkmen Oil and Gas Construction) – have been tasked to undertake the project.

The announcement was made Friday by President Berdymuhamedov during a meeting of the cabinet of ministers. Keep Reading »

Turkmenistan Weekly Energy Review

The latest TWER is now available for download through the  link below: TURKMEN WEEKLY ENERGY REVIEW N 36

Regional Business Updates

Regional business updates from around the region:

Kyrgyzstan:  Closed borders continue to hamper trade and in particular the regional shuttle trade that supplies local bazaars and small businesses.  Currently Kazakhstan is allowing trains to pass through its territory towards “third party destinations.”  Continued unrest in the South of Kyrgyzstan may prolong this economic isolation.

Kazakhstan:  According to Kazakhstan Today, Kazakhstan has a defecit of raw materials in certain growing sectors. This includes the manufacturing Keep Reading »

Last Week’s Activity on the Turkmen Commodities Exchange

A traditional Turkmen carpet. Photo by Sam Tranum.

The following information comes to the CBJ from the Turkmenistan Weekly Energy Review (TWER), and represents transactions concluded in the past week.

40 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan last week.

Representatives from Afghanistan, the United Arab Emirates and Iran bought for  foreign currency A-80 and A-95 gasoline, TC-1 aviation Keep Reading »

17th International Caspian Oil & Gas Exhibition & Conference

17th Annual International Caspian Oil & Gas Exhibition & Conference:   June 1-4, 2010 in Baku Azerbaijan.  For more information please see below: Keep Reading »

Upcoming Regional Business Conferences

In the next few weeks several regional business/economic conferences will be taking place in the region.  Two confirmed include ITE’s 17th International Caspian Oil & Gas Exhibition and Conference to take place June 1-4 in Baku, Azerbaijan.   In addition, the U.S. Department of Energy will be hosting a conference on Energey Efficiency in Istanbul Turkey from June 3-4.   According to the press release: This comprehensive conference, which will focus on energy efficiency in Southeast Europe and the Caucasus, is part of an effort to highlight the role that energy efficiency can play in making companies more profitable and governments more effective. It is also an opportunity for industry and government officials to discuss the most effective ways to promote energy efficiency. An attached e-brochure is below: Keep Reading »

Kyrgyzstan After April 7: Business as Usual?

In the wake of the recent violence and government changeover in Kyrgyzstan many have suggested that the economic situation was the most exigent reason for the unrest. 

Dr. John CK Daly has written extensively on the situation in Kyrgyzstan following the events of April 7, particularly the political aspects.  In this piece however, he examines the business aspect, latent corruption and the Keep Reading »

On the Ground Energy Reports from Turkmenistan

The following two TWER reports detail the latest developments in Turkmenistan’s energy sector. 

In particular they focus on the upcoming state visit to China by President Berdymukhammedov and visits by the CEO’s of leading Chinese firms to Ashgabat. Keep Reading »

Who is Buying What on Turkmenistan’s State Commodity & Raw Materials Exchange

The following report from Turkmenistan’s commodity exchange comes from the team that brings you the Turkmen Weekly Energy Review.  This is a semi-regular report.

Fifty-seven transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan last week.

Breakdown by buyer counties: Keep Reading »