The OPEC Fund for International Development, a multilateral lender owned by OPEC member states, has directed more than $1.4 billion to development projects across Central Asia over the past 20 years, Kazakhstan’s first deputy minister of national economy, Azamat Amrin, told lawmakers this week. The figure emerged during parliamentary debate on ratification of a framework … [Read more...]
Международный Форум TEIF 2025: Как Туркменистан открыл новые горизонты для глобальных инвестиций
23–24 апреля 2025 года в самом сердце Куала-Лумпура, в новейшем комплексе KLCC, прошел Международный форум по привлечению иностранных инвестиций в экономику Туркменистана (TEIF 2025). Более 470 делегатов из 42 стран мира собрались под одним сводом, чтобы стать свидетелями нового этапа в инвестиционной политике Туркменистана – государства со стабильной, процветающей и динамичной … [Read more...]
TEIF 2025 International Forum: How Turkmenistan Opens New Horizons For Global Investments
On April 23-24, 2025, the International Forum on Attracting Foreign Investment in the Economy of Turkmenistan (TEIF 2025) was held in the heart of Kuala Lumpur, in the newest KLCC complex. More than 470 delegates from 42 countries gathered to witness a new stage in the investment policy of Turkmenistan, a state with a stable, prosperous and dynamic economy. From the very … [Read more...]
Heads of Leading International Energy Organisations to address at TEIF 2025 in Kuala Lumpur
The International Forum on Attracting Foreign Investments into Turkmenistan’s Economy (TEIF 2025) is set to become one of the most significant events of the International Year of Peace and Trust in the fields of energy and sustainable development. What truly sets the upcoming forum apart is its remarkable line-up of participants – including the heads of some of the world’s most … [Read more...]
Surprise decision of OPEC+ to cut production leads to increase in price – Fitch predicts oil situation from ‘moderate surplus’ to ‘deficit’ this year
The decision of the OPEC+ to cut the oil production down took the markets by surprise. The price in Brent crude jumped suddenly from USD 80 to USD 85 per barrel, an increase of about 7-8%, Saudi Arabia, Russia and their oil-producing allies announced on Sunday, 2 April 2023, that they would cut production by more than 1.2 million barrels of crude a day, or more than 1 … [Read more...]
Prices of oil and gas are rising but Central Asia must remain cautious
nCa Analysis The prices of oil and gas are rising in the world markets but that is no reason for Central Asia to abandon its cautious policies. As recorded on 9 August 2023, the price of gas suddenly jumped by 22%, reaching USD 430 per thousand cubic meters on Dutch benchmark. Brent crossed USD 87 per barrel. This was reported by Kazinform, quoting Oil and Capital. The … [Read more...]