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Tag Archives: Turkmenistan

Turkmenistan, Russia expand regional business partnership

MOSCOW: The Turkmen-Tatar business forum is planned to be held in Ashgabat October 11, the Turkmen government said in a message Oct. 10. “A wide range of issues accelerating fruitful contacts are planned to be discussed at the meeting,” the message said. According to the message, this issue was discussed at the recent governmental meeting in Ashgabat where Turkmen President ... Read More »

Turkmenistan govt to rise gasoline prices by 60% in 2015

ASHGABAT:  Turkmenistan is a major oil producing country which had the cheapest gasoline prices for a long period, rose gasoline prices by 60 percent on the first day of 2015. Despite the globally declining trend of gasoline prices, Turkmenistan rose the price from TMT 0.62 ($0.21) per litre to TMT 1.00 ($0.35) for its nationals. With the rising price per ... Read More »

Iranian Customs forbids entry of 800 Turkish trucks at Turkmenistan border

TEHRAN: Despite the friendly move made by Turkmenistan of escalating new custom gates to allow more number of trucks to pass, Iran is still forbidding pass by of Turkish Trucks.  Head of the International Transporter’s association Fatih Sener said “Turkmenistan has increased its Luftaabad customs gate capacity after it received a request from Turkish President Recep Tayyip Erdogan”. Turkmenistan’s President ... Read More »

Afghan president’s visit resurrects TAPI project

ISLAMABAD: The recent visit of Afghan President Ashraf Ghani to Pakistan has brightened the hope for the revival of stalled Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. It has been learnt that a team of the Sui Northern Gas Pipelines Limited (SNGPL) has reached Turkmenistan to discuss the long-delayed gas pipeline project, ahead of the visit of SNGPL managing director and top ... Read More »

Cess – in the name of development

In its effort to collect funds for infrastructural development, the government promulgated the Gas Infrastructure Development Cess (GIDC) Ordinance, 2014 last month despite the fact that the Supreme Court had earlier stopped the collections of funds under a similar law in 2011. The current ordinance has been issued to give a legal cover to the collection of funds from industrial ... Read More »

FBR delegation to attend ECO seminar in Tehran

ISLAMABAD: A two-member delegation of Federal Board of Revenue (FBR) will represent Pakistan at Economic Cooperation Organization (ECO) intra-joint training seminar titled “Transfer Pricing, Fundamental principles and International Developments” in Tehran from October 6-8. Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan are member states of the ECO while Northern Cyprus enjoys observer status. A well-placed source ... Read More »

US says put no bar on LNG export to Pakistan

ISLAMABAD: While praising Pakistan for its efforts to set up a liquefied natural gas (LNG) import terminal, the US has insisted that it slapped no bar on any country that is not part of the Free Trade Agreement (FTA) with Washington including Pakistan, on inking an LNG supply deal with US private enterprises. “Establishing an LNG import terminal and a ... Read More »