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Turkmenistan preparing to hold oil & gas road show in London

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trend_londonState Agency for Management and Use of Hydrocarbon Resources under the president of Turkmenistan plans to hold oil & gas road show in London Sept.29-30, the source close to the organization of the event told Trend.

The discussions will be held on the prospects for development, organizational and legal framework for investments in Turkmenistan’s oil and gas sector with a special focus on cooperation in the offshore Turkmen sector of the Caspian Sea.

Moreover, it is expected that the international conference will also play a role of an effective platform for discussing various forms of cooperation in this sphere.

Turkmenistan’s hydrocarbon reserve is estimated at 71.2 billion metric tons of oil equivalent, of which 18.2 billion metric tons account for the licensed offshore blocks in the Turkmen sector of the Caspian Sea.

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