CASPIAN

Turkmenistan Reports Increase In Annual Oil And Gas Output

The Deputy Prime Minister of Turkmenistan responsible for oil and gas, Baymyrat Hojamuhammedov, told a cabinet meeting on 4 February that the country had significantly increased its oil and gas production during 2011. Mr Hojamuhammedov said that in 2011 Turkmenistan increased its oil and condensates production by 14.4% over 2011. With Turkmen liquids production for 2010 estimated at 216,000 b/d the stated increase, driven...