CASPIAN

 

Turkmen President Increases Powers Of Hydrocarbons Agency

Turkmen President Gurbanguly Berdymukhamedov signed a decree on 5 May that significantly expands the powers of the State Agency for the Management and Use of Hydrocarbon Resources. The agency, which issues oil and gas exploration and production licenses, was granted the authority to “monitor the activities of foreign companies, the country’s ministries and departments involved in...