VOL. XLV
No 10
11-March-2002
CASPIAN
ExxonMobilTo Leave Turkmenistan
ExxonMobilannounced on 1 March that it would stop operations in Turkmenistanfollowing disappointing results from the first exploration well in its onshoreGarashsyzlyk-2 concession.A companyspokesperson said that ExxonMobil, which operates theGarashsyzlyk-2 oilfield through its subsidiary Exxon Turkmenistan(Amudarya) Ltd (ETAL), would close its offices in thewestern town of Balkanabatand the capital Ashgabat, but that it would...
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