Malaysian national oil company Petronas is ready to start production from its Garagol Deniz West field in the Turkmenistan area of the Caspian Sea, some eight years after a platform jacket was installed.
As the period for comments on UK Export Finance’s (UKEF) plans close, a campaigning group has highlighted a number of hydrocarbon projects in which the agency may play a role.
Turkmenistan will start building a long-delayed, $10billion gas pipeline to Pakistan and India via Afghanistan in early December. The Central Asian country holds the world's fourth-largest natural gas reserves but remains dependent on gas exports to China after Russia cut back gas imports in the past few years.