VOL. XL

No. 37

15-September-1997

FSU

Turkmenistan Reports Good Response To Tenders For Caspian Sea Acreage

The Executive Director of Turkmenistan's Competent Body for the Exploitation ofHydrocarbon Resources, Mr. Toily Kurbanov, said in London on 11 September that his countryhas received a very good response from international oil companies on the tenders openedfor bidding in Turkmenistan's offshore Caspian Sea acreage. The tenders were officiallyopened on 1 September and Mr. Kurbanov said that...