VOL. XLVI

No 9

3-March-2003

CASPIAN

Turkmenistan Sets Targets For 2003 Oil And Gas Production

Turkmenistan has announced targets for its oil and gas production during 2003. A Ministry of Oil and Gas Industry and Mineral Resources statement said the country planned to increase oil and condensate output by 50% to 270,000 b/d and gas production by 26% to 67.6BCM this year. According to data supplied by Moscow-based RPI Inc, Turkmenistans crude/condensate production averaged 182,000 b/d during 2002,...