WINNERS DECLARED IN TURKMEN OFFSHORE TENDERS.

Publication: Monitor Volume: 4 Issue: 116

President Saparmurat Niazov yesterday confirmed the results of two recent international tenders for Turkmen offshore oil and gas fields. Mobil Oil of the United States is the winner of the tender for the Serdar field, whose recoverable reserves are variously estimated at 50-200 million tons of oil. Located–roughly–along the median line between the Turkmen and the Azerbaijani portions of the Caspian Sea, the field is known as Kapaz to Azerbaijan. The two countries seek to settle the field’s status by negotiation.

The British-Chinese consortium Kern Energy-Texuna is the winner of the tender for the Gaplan bloc, whose recoverable reserves are estimated at 80 million tons of oil and 130 billion cubic meters of natural gas. (International agencies, June 16)–VS

The Monitor is a publication of the Jamestown Foundation. It is researched and written under the direction of senior analysts Jonas Bernstein, Vladimir Socor, Stephen Foye, and analysts Ilya Malyakin, Oleg Varfolomeyev and Ilias Bogatyrev. If you have any questions regarding the content of the Monitor, please contact the foundation. If you would like information on subscribing to the Monitor, or have any comments, suggestions or questions, please contact us by e-mail at [email protected], by fax at 301-562-8021, or by postal mail at The Jamestown Foundation, 4516 43rd Street NW, Washington DC 20016. Unauthorized reproduction or redistribution of the Monitor is strictly prohibited by law. Copyright (c) 1983-2002 The Jamestown Foundation Site Maintenance by Johnny Flash Productions