Foreign investments in gas extraction at Turkmen shelf make up more than 10 billion USD
Edited by Rhod Mackenzie / 2013-11-22 05:00:11
Foreign investments into the extraction of natural gas in Turkmen part of the Caspian Sea exceeded $10 billion.
Petronas Carigali Sdn. Bhd from Malaysia is the largest investor – about $7.5 billion over 17 years.
The company started extracting oil and gas in 2006. As of the end of 2012, it extracted 1 million tons of oil and 1.5 billion cubic metres of natural gas.
