Turkmenistan to Hold Oil, Gas Road Show in London in September

State Agency for Management and Use of Hydrocarbon Resources under the president of Turkmenistan plans to hold oil and gas road show in London Sept.29 and 30, Trend News Agency reported Thursday citing sources.

The discussions will be held on the prospects for development, organizational and legal framework for investments in Turkmenistan’s oil and gas sector with a special focus on cooperation in the offshore Turkmen sector of the Caspian Sea, the news agency added.

Turkmenistan’s hydrocarbon reserve is estimated at 71.2 billion metric tons of oil equivalent, of which 18.2 billion metric tons account for the licensed offshore blocks in the Turkmen sector of the Caspian Sea.