Eni reveals investment in Turkmenistan over 10 years

Eni reveals investment in Turkmenistan over 10 years

Ashgabat, Turkmenistan, Nov. 21

By Huseyn Hasanov Trend:

Italy's Eni has invested about $2 billion in Turkmenistan over 10 years of its activity there, said Luca Vignati, the company's executive vice president for Central Asia.

He was speaking at the Turkmenistan International Oil & Gas Conference & Exhibition (OGT Expo 2018), according to a source close to the event’s organization.

The activities of the Italian Eni since 2008 cover a contract area of more than 1,000 square kilometers in the Balkan region of Turkmenistan.

In 2014, the PSA for the Nebit Dag onshore block of fields was extended for additional 10 years.

Follow Trend on Telegram. Only most interesting and important news

More related articles

Turkmen news: former Deputy Prime Minister and the Presidential advisor for oil and gas Yagshigeldy Kakaev dies of pneumonia
Industrial, resources and investment potential of Turkmenistan presented in Milano
05.06.2020 | Aspects of cooperation discussed with Italian ENI
Perspectives of Turkmen Italian partnership in fuel and energy complex are subjects of online meeting
Eni Turkmenistan Limited - Bronze Partner of OGT-2023
Turkish Stream to affect prospects of Trans-Caspian pipeline, expert says