The 28th International Conference and Exhibition “Oil and Gas of Turkmenistan-2023” has been held in Turkmenistan since October 25.
SOCAR Vice-President Elshad Nasirov, who arrived at the event, spoke about the protracted process of launching the joint development of the Caspian Dostlug field (according to the Turkmen version of Dostluk), Interfax-Azerbaijan reports.
According to him, the legal status of the project has been determined – it will be a special economic zone.
“While the process of approving documents is underway,” Nasirov said, adding that the Ministry of Energy of Azerbaijan is engaged in working out all issues on determining the coordinates, principles of development, financing, division of products and profits.
At the same time, as the SOCAR representative notes, “for some reasons, the process is not going as fast as we would like.”
“There are no deadlines, but, from my point of view, we need to hurry,” Elshad Nasirov said.
Earlier , Turkmenistan and Azerbaijan clashed over the ownership of the region located between them.
A source: https://www.hronikatm.com/2023/10/speed-up-dostlug-development/
