Middle East Economic Survey

VOL. LIII

No 43

25-Oct-2010

CASPIAN

Dragon Oil Expects To Miss 2010 Production Target Because Of Bottlenecks

UAE-based Dragon Oil, Turkmenistans largest private oil producer, has announced that it will not meet its 2010 production goals from the Cheleken contract area offshore Turkmenistan. Dragon Chief Executive Officer 'Abd al-Jalil al-Khalifa blamed the shortfall on certain infrastructure bottlenecks in a statement issued on 20 October. The projected increase...