Middle East Economic Survey

VOL. LIII

No 41

11-Oct-2010

CASPIAN

Russian JVC To Explore Turkmen Offshore Block 21

A Russian joint venture company (JVC) headed by Itera, which includes state firm Zarubezhneft, will start exploration work on Block 21 offshore Turkmenistan in early 2011, according to a Gazprom corporate journal of 4 October. Itera Chairman Igor Makarov reportedly said: This year we will draw up the blocks geochemical scheme and start 2D and 3D seismic exploration work, which we...