Turkmenistan invites St Petersburg to set out on the road
Ashgabat ring road looks for contractors. The governor of Ashgabat city, Deriyageldy Orazov, invited St Petersburg companies to join Turkmenistan's large-scale projects for development of urban and rural infrastructure. The largest of them is the construction of the Ashgabat ring road worth US $ 300 million.

22 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan last week. The transactions concluded in the hard currency totalled over US$45.142 million.

The Akpatlavuk field in the southwest of Turkmenistan has been developed for a long time. It is there that an exciting discovery that became a landmark event for oil industry workers, the sector, the country was made recently. The oil pools were discovered under the lower red oil-bearing strata. Exploration drilling proved the geologists’ assumptions.

Askhat Oazbay has been appointed new Kazakh ambassador to Turkmenistan. Kazakh President Nursultan Nazarbayev signed a decree to this effect, Interfax reports quoting the press service of the Kazakh president.