Middle East Economic Survey


No 16



Burren Energy Adds 15Mn Barrels To Turkmen Reserves

The UKs Burren Energy reported on 19 March in its preliminary results for last year that it had added 15mn barrels of crude oil reserves in Turkmenistan to its books. The company said the new reserves replaced its total production for the year of 13mn (34,240 b/d), which includes crude oil produced in Congo. Gross crude oil production in Turkmenistan during 2006 averaged 19,940 b/d...