"LUKOIL wants to be the operator of the Dostluk project in Turkmenistan and Azerbaijan

During the St. Petersburg International Economic Forum LUKOIL President Vagit Alekperov announced that the company is ready to act as an operator in the project for the development of the Dostluk Caspian field of Turkmenistan and Azerbaijan. V. Alekperov noted that consultations are being held now on the implementation of Dostluk and Turkmenistan and Azerbaijan are developing intergovernmental agreements. The management of LUKOIL has expressed a desire for the company to become the operator of the project, but it is not yet ready to name a specific share in the implementation.

Gurbanguly Berdymukhamedov and Vagit Alekperov in February 2021 discussed the participation of the Russian concern in the development of this field in the Caspian Sea. After that, in March 2021, it was Special representative of the President of PJSC "LUKOIL for the states of the region, including Turkmenistan, Stepan Gurzhy, who is responsible for coordinating the subdivisions of the group of companies of the concern.

Experts estimate the potential of the Dostluk field at 50 million tons of oil.

Source: interfax.az

Photo: investing.com