Turkmenistan: oil concern to oversee PSA

A number of new departments have been established under the Turkmennebit (Turkmen Oil) state concern to further improve the activity of the Turkmen oil and gas complex. Among them are the department of production sharing agreements (PSA) and department of foreign relations. The department on the current repair and overhaul of wells, the department on…

Turkmenistan: fuel and energy complex reformed

Turkmen President Gurbanguly Berdimuhamedov made a decision to abolish the country’s Oil and Gas Ministry to further improve the management of the oil and gas sector, the industry and regulate the flow of funds, the Turkmen government said. A department of the Cabinet of Ministers, which is subordinate to Turkmen Deputy Prime Minister Yagshygeldy Kakayev,…

Turkmenistan: acting head of oil and gas construction concern named

Deputy head of Turkmenistan’s “Turkmenneftegazstroy” state concern Atakuli Tatov has been appointed acting head of the concern, the decree signed by Turkmenistan’s President Gurbanguly Berdimuhamedov said. The subdivisions of the state concern are engaged in construction of oil and gas pipelines and development of oil and gas fields, reconstruction of oil processing facilities, as well…

Turkmenistan eyeing possibility of exporting electricity to Pakistan and Tajikistan

Prospective routes are becoming much more certain for the Turkmen electricity export, in particular to Pakistan and Tajikistan, says the Turkmen government. The message also said export opportunities could be expanded thanks to the commissioning of the gas-turbine power plant with annual capacity of 254 megawatts in the Beyik Turkmenbashy district of Turkmenistan’s Lebap region.…