Report: Lukoil to develop TurkmenЦAzerbaijani Caspian field - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: Lukoil to develop TurkmenЦAzerbaijani Caspian field

Berdi-Muhamedov01ASHGABAT, Feb 19 (PRIME) -- Russian oil company Lukoil wants participate in development of the Dostluk oil field located in the Caspian Sea and owned by Turkmenistan and Azerbaijan, the Turkmen state television channel reported following a meeting between Turkmen President Gurbanguly Berdymuhamedov and Lukoil CEO Vagit Alekperov.

The governments of Turkmenistan and Azerbaijan have recently signed a memorandum of understanding on joint development of the field, Berdymuhamedov said as broadcast by the state television.

УSigning of this historic document opens new opportunities for joint work and creates additional conditions for attracting large foreign investment to the region on a long-term basis,Ф he said.

УI would like to say that we welcome LukoilТs intent to participate in development of the Dostluk field, and we are ready to study your detailed investment proposals on implementation of the projects.Ф

Alekperov said that the signing opens a new page in the history of the Turkmen oil industry. Lukoil has a unique experience in operating in shelf fields, including deep-water fields. The company will mobilize all efforts and the most experienced personnel from all projects to prepare for the Dostluk field.

He promised that the technologies that Lukoil would use will comply with the environmental regulations, and will be the most up-to-date and most economically efficient.


19.02.2021 09:00
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 89.6691 +0.0087 25 feb
USD 73.7532 -0.2301 25 feb
Stock Market Indices
1D 1W 1M 1Y
rtsi 1448.31 -0.66 18:50 10 feb
micex 3385.48 -1.41 18:50 24 feb
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 221.41 -1.87 19:11 24 feb
lkoh 5768.00 -0.31 19:11 24 feb
rosn 516.30 +0.06 19:11 24 feb
sber 270.74 -1.09 19:11 24 feb
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 89.4600 -0.2950 14:59 24 feb
USDTD 73.7575 -0.1525 17:44 24 feb