TURKMENBASHI, May 14. /PRIME-TASS/. Minister of Industry and Energy of the Russian Federation Viktor Khristenko believes that Turkmenistan will invite foreign investors to develop its part of the Caspian shelf under a production sharing agreement. “This position of an owner should be respected” – he told reporters.

The Minister supposed that “possible participation of Russian and Kazakh companies in field development on the shelf would fit the form of a production sharing agreement”.

“All key information on blocks and structures with oil potential is prepared, it’s being studied” – ITAR-TASS quotes the Minister. He reminded that Gazprom (GAZP), Zarubezhneft already have experience working in such areas.

14.05.2007 08:57