Middle East Economic Survey

VOL. XLVII

No 50

13-December-2004

CASPIAN

Reconstruction Of Turkmens Ekerem Oil Jetty Under Way

A major overhaul of Turkmenistans Caspian Sea oil terminal at Ekerem is under way, according to an announcement made by the Turkmen State News Service (TDH) on 6 December. The $4.6mn project is being underwritten by state-owned oil company Turkmenneft and carried out by UAE-based Petro Gas Fze, while Ukraines PetroGazAsia will act as subcontractor, TDH said. The Ekerem...