Since the beginning of 2026, the “Galkynyshneft” Oil and Gas Production Directorate of the “Turkmennebit” State Concern has extracted over 402,1 thousand tons of oil from active wells, against a target of 367,1 thousand tons. Consequently, the production plan has been fulfilled by 109,5%. The directorate carries out operations at fields on the Cheleken Peninsula, along the Caspian Sea coast. Currently, the company’s specialists are working intensively to bring two new oil wells—recently handed over by the drilling teams—into industrial operation. This is reported by the newspaper “Neft i Gaz” (Oil and Gas).

In honor of the 120th anniversary of the birth of Professor Nurmyrat Sarykhanov, a creative meeting entitled "Remembering Yagshy..." was held at Magtymguly Turkmen State University, with the aim of promoting the poet's creativity and about Doctor of Technical Sciences, Professor, winner of the Magtymguly International Prize Amandurdy Handurdyyev, who played the main character in the eponymous film based on the writer's work "Shukur Bagshi". This was reported on the official website of the university. The meeting was attended by scientists, researchers of the Magtymguly Institute of Language, Literature and National Manuscripts of the Academy of Sciences of Turkmenistan, professors, teachers and students of the university. At the meeting, students of the Faculty of Turkmen Language and Literature performed a literary and musical composition based on the story "Shukur Baghsy" by Nurmyrat Sarykhanov. Likewise, there were speeches about the creative mastery of Nurmyrat Sarykhanov, the manuscripts of his works, and the happy memory of Amandurdy Handurdyev, Doctor of Technical Sciences, Professor, winner of the Magtymguly International Prize, who worked as a teacher at the Magtymguly Turkmen State University for many years, who played the main character in the eponymous film based on the work "Shukur Baghsy", was commemorated. During the creative meeting, students of the Faculty of Turkmen Language and Literature presented an artistic reading entitled "Ballad about the Sun." A dutar player from the university's "Voices of Bagtyyarlyk" cultural center performed a wonderful piece from the film "Shukur Baghsy." 

The Turkmennebit State Concern provided information on the conditions for foreign companies to participate in the development of the Turkmen sector of the Caspian Sea. Batyr Jumayev, Deputy Chairman of the Concern, spoke about this at the 31st International Conference and Exhibition "Oil and Gas of Turkmenistan" (OGT 2026) in Ashgabat. According to him, the development of hydrocarbon resources in the national sector of the Caspian Sea remains one of the priority areas for attracting investment in the country's oil sector. Cooperation with foreign companies in this area is carried out on the basis of the Law of Turkmenistan "On Hydrocarbon Resources". This law guarantees the rights of foreign investors in conducting oil operations and concluding production sharing agreements. The Turkmen part of the Caspian Sea is divided into more than 30 license areas. An interested investor can submit an official application to the Turkmennebit State Concern for one or more areas. After considering the application, if the concern's specialists confirm that the company meets the established requirements, it is invited to participate in direct, non-exclusive negotiations on the selected area. Upon successful completion of the negotiations, the parties conclude a production sharing agreement or another agreement provided for by law. In addition to the production sharing agreement, the law allows for the conclusion of a concession agreement with royalty and tax payment terms, a joint venture agreement, and a risky services agreement. Batyr Jumayev explained that the legislation allows for the harmonization of different types of these agreements, as well as the use of other agreements used in international practice. He highlighted a number of guarantees created for investors. "First of all, this is a simplified preferential tax system, which provides for only one type of tax - profit tax and two or three types of payments for the right to use natural resources," the deputy head of the concern noted. At the same time, investors are exempt from other mandatory payments, fees and duties. Agreements concluded on the supply of imported and exported goods, materials and equipment for the conduct of Petroleum Operations are not required to be registered with the State Commodity and Raw Materials Exchange of Turkmenistan. A Contractor shall be exempt from customs duties and fees levied upon the import or export of equipment and materials, including duties related to the amount of extracted hydrocarbons attributable to it. These benefits shall also apply to subcontractors. In addition, the investor may freely dispose of the portion of hydrocarbons attributable to it. In addition, it shall have the right to process oil at oil refineries without additional taxes, licenses and permits. According to Batyr Jumayev, the concern cooperates with Dragon Oil, Petronas and ADNOC under production sharing agreements in the offshore sector. In June 2026, a production sharing agreement for blocks 19 and 20 was signed by the Turkmennebit State Concern, the Malaysian Petronas Carigali (Turkmenistan) Sdn. Bhd. company and the Hazarnebit State Enterprise. In addition, geological exploration work has begun in accordance with the agreement between Petronas Carigali and the Turkmennebit State Concern. Currently, two-dimensional (2D) seismic surveys are being conducted in blocks 11, 12, 13 and 14. According to the speaker, these steps confirm Turkmenistan's commitment to the "open door" policy and the country's attractiveness for investment. In conclusion, Batyr Jumayev said that the Turkmennebit State Concern is always ready to negotiate with international companies "on the basis of equality and mutual benefit."

Over the 35 years of independence, Turkmenistan has strengthened its position among countries experiencing rapid economic growth and successfully integrating into the global economy. The main objective of the reforms implemented in the country is to overcome the economy’s dependence on raw materials, advance market-oriented reforms, use natural resources efficiently, and create favourable conditions for people’s lives, health, and safety. These objectives are clearly reflected in the fundamental principle of the country’s state policy: “The State is for the People!” Throughout this historical period, the consistent implementation of a strategic development policy focused on industrial growth and innovation has played a major role in ensuring the country’s economic independence. Support for infrastructure development, a strong commitment to achieving the Sustainable Development Goals, and the implementation of the objectives outlined in the National Programme for the Socio-Economic Development of Turkmenistan for 2011–2030 and the Programme for the Socio-Economic Development of Turkmenistan for 2019–2025 have provided important impetus for improving production efficiency, making rational use of investments, and supporting the non-state sector of the economy. Looking back at the progress achieved, it is particularly important to note that, during the years of independence, Turkmenistan has undergone a significant transformation, moving from a predominantly agricultural economy towards a country with a developed industrial sector. At the initial stage, agriculture accounted for more than 40 per cent of the country’s gross domestic product (GDP), while industry represented approximately 17 per cent. More than 80 per cent of industrial output at that time came from extractive industries. Today, industry accounts for more than 27 per cent of GDP, while agriculture represents approximately 11–12 per cent. At the same time, the structure of agricultural production has changed considerably. While cotton cultivation continues to play an important role, grain production has been restored and further developed, and a foundation has been established for the expansion of livestock farming. These changes have contributed to strengthening the country’s food security.

Turkmenistan lies at the heart of Eurasia, between the Caspian Sea and its borders with Iran, Afghanistan, Kazakhstan and Uzbekistan. This position makes the country a natural link in transit routes between East and West and between North and South. In recent years it has been building a multimodal logistics system that unites road, rail, sea and air transport. The centerpiece of this system is the Turkmenbashi International Seaport. It has operated since May 2018 and has focused on stimulating international cooperation in transport and logistics. The new port more than tripled the country’s cargo handling capacity to 25–26 million tons per year. It is the largest cargo and passenger hub on Turkmenistan’s coast. In March 2026, a European Union delegation visited the port, where both sides discussed making effective use of the Trans-Caspian corridor’s potential. The port is a key part of the Caspian Sea–Black Sea corridor. Officials are discussing ways to increase freight traffic through the ports of Turkmenbashi, Baku, Poti, Batumi and Constanta. The Lapis Lazuli Corridor also forms a route from Afghanistan through Turkmenistan, Azerbaijan and Georgia to Turkey. On the railways, the Kazakhstan–Turkmenistan–Iran line, opened in 2014, connects Central Asia with the Persian Gulf. On the roads, highways link the country with Kazakhstan, Iran and Afghanistan, and new high-speed roads are being built toward Uzbekistan and Kazakhstan. In aviation, Ashgabat’s international airport and the new airports in the regions meet international standards. Speaking at the Central Asia + Japan Dialogue Summit, President Serdar Berdimuhamedov presented a strategy to turn the country into a key Eurasian logistics hub. He stressed that new routes should complement existing ones rather than replace them.

Ecosystem stability refers to nature's ability to maintain its own balance, biodiversity, and purity. Human health is directly dependent on the state of the environment. A stable ecosystem provides humans with essential baseline resources necessary for survival. The connection between humans and nature is profound, and ecosystem stability serves as a guarantee for both physical and mental human health. Clean Air and Water: Forests and plants purify the air by absorbing carbon dioxide and releasing oxygen. Natural water sources and healthy soils filter water, making it safe for drinking. Food Security and Soil Fertility: A stable soil ecosystem and rich biodiversity (such as insect pollinators for crops) ensure abundant and high-quality agricultural yields. Disease Prevention: Maintaining natural balance prevents the overproliferation of infection carriers (such as insects and rodents). The loss of biodiversity increases the risk of new viruses and diseases transferring to humans. Psychological and Mental Health: Natural environments, green spaces, and pristine ecosystems reduce stress levels, normalize blood pressure, and soothe the nervous system. Pharmaceutical Resources: More than 50% of modern medicines are derived from natural plants and biological resources. Richer biodiversity enhances the potential for discovering new lifesaving drugs. Prevention of Zoonotic Infections: Protecting natural habitats maintains crucial boundaries between wildlife and human populations, preventing the spillover of zoonotic viruses to humans. Climate Regulation: Forests and oceans regulate global temperatures. A stable climate protects communities from extreme heatwaves, droughts, and natural disasters. Safeguarding human health relies not only on healthcare systems but is fundamentally connected to protecting the ecosystem and maintaining its stability. A resilient environment is the foundation of a healthy, prosperous society. Preserving ecosystem purity is the most critical step toward securing the well-being of future generations.