RealNews

Turkmenistan grants Russia’s LUKoil access to 3 fields

LUKoil [RTS: LKOH] head Vagit Alekperov said Turkmenistan has given Russia’s largest crude producer the green light to develop three promising fields in the Caspian state. Turkmen President Gurbanguly Berdymukhammedov’s press service said the Turkmen leader gave his permission during his meeting with the LUKoil CEO, amid strong international competition for access to the country’s huge oil and gas reserves. Full Story

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