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…

Ukraine: Naftogaz asking EC to set up mission to monitor gas transit due to pressure drops by Russia

The National Joint-Stock Company Naftogaz Ukrainy has turned to the European Commission asking it to consider setting up a transit monitoring mission to examine significant pressure drops in the Russian gas transmission system at the entry to Ukraine’s gas transportation system. “Naftogaz believes that the current situation requires comprehensive discussion involving representatives of the European…