TURKMENISTAN ISSUES AMBITIOUS OIL, GAS PROGRAM

The former Soviet republic of Turkmenistan has released a bullish outlook for exploration, production, refining, transportation, and export of its oil and gas during the next 25 years. The report envisions a production buildup to 560,000 b/d of oil and 12.57 bcfd of gas in 2000 from 100,000 b/d and 7.74 bcfd in 1994. Issued as the conception of Turkmenistan Pres. S.A. Niazov, it characterizes the country's oil reserves as world class and outlines plans to reactivate/expand refineries and

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