Middle East Economic Survey


No 8



Itera To Expand Gas Output In 2009, Targets Turkmen Offshore

Vladimir Makeyev, CEO of Russias Itera, told reporters on 16 February that the company plans to increase its own gas production by 6.5% in 2009 to 12.25 bcm. He said that the gas production and trading company saw Turkmenistans southern coastal area, where it has filed an application to develop two gas fields, as its main focus for overseas exploration and production. Itera is...