Book Description
This digital document is an article from APS Review Gas Market Trends, published by Pam Stein/Input Solutions on September 20, 2004. The length of the article is 977 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation Details
Title: TURKMENISTAN - The PSAs.
Publication: APS Review Gas Market Trends (Newsletter)
Date: September 20, 2004
Publisher: Pam Stein/Input Solutions
Volume: 63 Issue: 12Distributed by Thompson Gale
Excerpt. © Reprinted by permission. All rights reserved.
Normally the PSAs in Turkmenistan are for 25-year production periods with possible five-year extensions. They are negotiated on a case-by-case basis. But the main terms are uniform in all PSAs, under the petroleum law.
In the Turkmen sector of the Caspian, there are two PSA operators: Petronas of Malaysia and Dragon Oil of Ireland. Dragon, producing oil in the Turkmen sector of the Caspian (see Part 2), is controlled by Dubai's state-owned Emirates National Oil Co.
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