SpyLOG
USD11/0229.8923+0.2128
EUR11/0239.6282+0.1515
RTS10/021605.12+0.12%
MICEX13/091501.98+0.59%
RIA Novosti

Business

Turkmenistan to increase oil, gas production

Gurbanguly Berdymukhamedov
23:18 12/10/2009

MOSCOW, October 12 (RIA Novosti) - Turkmenistan's president announced on Monday that the former Soviet republic would increase oil and gas production.

Gurbanguly Berdymukhamedov said in a meeting with energy officials that Turkmenistan would increase gas production from some 80 billion cubic meters a year to 250 billion and oil from 10 million tons to 100 million tons.

He did not mention a timescale for the increase.

The president's announcement came shortly after he had dismissed a number of leading gas and oil officials over, among other things, a failure to boost production.

In a September meeting with U.S. Secretary of State Hillary Clinton, Berdymukhamedov said the energy-rich Central Asian country was seeking to diversify its supplies to global markets and that Turkmenistan was ready to cooperate with U.S. companies in the development of oil-and-gas fields in the Caspian Sea.

 

  • Add to blog
  • Send to friend
  • Share

Add to blog

You may place this material on your blog by copying the link.

Publication code:

Preview:

RIA NovostiGurbanguly BerdymukhamedovTurkmenistan to increase oil, gas production

23:18 12/10/2009 Turkmenistan's president announced on Monday that the former Soviet republic would increase oil and gas production.>>

Send by e-mail

All fields are required!



Leave a comment









    Рейтинг@Mail.ru  Rambler's Top100
    © 2012 RIA Novosti