XRG enters Turkmenistan gas sector

Block I stake gives UAE company access to 7 Tcf of natural gas in the Caspian Sea

XRG has expanded its international gas portfolio with a 38% interest in the offshore Block I gas and condensate fields in Turkmenistan, marking its entry into Central Asia through a new production sharing contract with PETRONAS and Turkmenistan’s state entities.

The agreement, signed with the State Concern Turkmennebit, also includes…

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