Thursday, 23 February 2012

US$ 1.2 million loan to Turkmen logistics company

EBRD-1

EBRD loan will help DGT Logistics invest in equipment and expand fleet of trucks The European Bank for Reconstruction and Development (EBRD) continues to support the development of the private sector in Turkmenistan with a US$ 1.2 million loan to DGT Logistics Turkmenistan. The company is one of the leading private companies providing cargo transport [...]

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Speakers unveil latest oil and gas developments in the Arctic

ArcticOilGas

The oil and gas industry’s key players will present critical new technologies and commercial opportunities available in the offshore Arctic, at the Arctic Region Oil & Gas Conference in Norway this month. Recent news about Norway’s Ministry of Energy receiving requests from 37 companies to be included in the country’s 22nd licensing round reflects the [...]

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Lukoil Overseas Produces First Gas from South West Gissar Uzbekistan

Lukoil

Today LUKOIL Overseas has produced first gas from Dzharkuduk-Yangi Kyzylcha which is the largest field of the block, under the PSA for development of gas reserves of South West Gissar (Kashkadarya Region, Republic of Uzbekistan). Before the start of gas production on South West Gissar, only oil was produced on South Kyzylbayrak and Koshkuduk fields [...]

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EBRD supports small business development in Tajikistan

EBRD-1

 Accessbank joins EBRD’s Local Currency Lending Programme The EBRD is stepping up its support for the financial sector in Tajikistan with a US$ 6 million equivalent multi-currency facility to Accessbank to provide more affordable loans to small businesses in the Tajik currency, the somoni. Accessbank is the second financial institution in Tajikistan to join the [...]

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CNH Supplies Turkmenistan Fleet of 90 New Holland Combines

CNH

CNH delivered in May a fleet of 90 New Holland combines to the Government of Turkmenistan; the machines, which were immediately put to work in the field, exceeded expectations as they fulfilled their role in the harvest of over a third of the Country’s 850,000 ha (2,100,400 ac) of wheat LUGANO, Switzerland – (July 14, [...]

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Turkmenistan’s Journalists Enhance Capacity and Knowledge of Human Rights Issues

EU-UNDP

Ashgabat, 13 July 2011 (nCa) — Journalists from Turkmen television and radio, main newspapers, magazines and regional media organizations familiarized themselves with the United Nations treaties and conventions related to human rights as well as aspects of news journalism at a two-day workshop in Ashgabat on 7-8 July. This workshop was organized within the framework [...]

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EBRD investments reach record high in first half of 2011

EBRD-1

Bank concludes 161 projects, investing €3.5 billion The EBRD financed 161 projects in the first six months of 2011, a record number for the first half of any year in the Bank’s 20-year history and a clear indication of the strong demand for EBRD funding throughout the 29-country region where it invests. Watch the interview [...]

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OMV successfully closes acquisition of Petronas Carigali (Pakistan) Ltd

omv-logo

► Purchase of the entire share capital of Petronas Carigali (Pakistan) Ltd, which is Petronas’ Exploration and Production (E&P) operating entity in Pakistan: The transaction was successfully completed as of July 11, 2011 ► Strong growth potential of the acquired portfolio will contribute towards the anticipated production increase in Pakistan to about 25,000 boe/d by [...]

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CJSC Somon Oil begins Seismic Program in the Republic of Tajikistan

Manas-petroleum

BAAR, SWITZERLAND, July 12, 2011. Manas Petroleum Corp. (“Manas”) (TSX‐V: MNP; OTCBB: MNAP) is pleased to announce the commencement of the second seismic survey on CJSC Somon Oil Company’s WEST and NORTH WEST licenses in the Republic of Tajikistan. This program includes up to 774 km of 2D seismic survey, which up to 115 km [...]

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Human Rights Resource Centre Hosts Turkmenistan’s Disability Organizations

EU-UNDP

Ashgabat, 8 July 2011 — Representatives from 5 disability organizations and staff from the National Institute for Democracy and Human Rights (NIDHR) under the President of Turkmenistan met at a roundtable on the rights of persons with disabilities in Ashgabat on 5 July 2011. This roundtable took place at the Resource Centre, which was recently [...]

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