Turkmenistan lists ambitious plans for gas, oil development

This second of four articles on Turkmenistan features an official Turkmen perspective.Before this decade is out, Turkmenistan, a leader among the former Soviet republics in terms of hydrocarbon resources, intends to make a giant leap in raising production and export of oil and gas.Kurbannazar Nazarov, Minister of Oil and Gas Industry and Mineral Resources, stressed this point in late May 2002 at a roundtable in Ashgabat that focused on business cooperation in modern oil industry technologies, equipment, and services.By virtue of its combined hydrocarbon resources, estimated at 22.8 trillion cu m (805 tcf) of gas and 12 billion tons (88 billion bbl) of oil, Turkmenistan can be viewed as a ...

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