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Crude Accountability Issues a New Report on the Financial and Administrative Management of Turkmenistan's Oil and Gas Sector "THE PRIVATE POCKET OF THE PRESIDENT (BERDYMUKHAMEDOV):OIL, GAS AND THE LAW"


Дата публикации: 
17.10.2011

Crude Accountability announces the publication of a new report, “The Private Pocket of the President (Berdymukhamedov): Oil, Gas and the Law, which examines the role of the State Agency for the Management and Use of Hydrocarbon Resources Under the President in the distribution of revenue from oil and gas sales in Turkmenistan.The report focuses on the creation of the Agency, which carries full responsibility for management of petroleum operations in Turkmenistan, including receipt of monies, exploration, extraction, transport and warehousing of oil and gas by foreign investors. The Agency reports directly to the President of Turkmenistan and is responsible for oversight of all monitoring of petroleum operations, including environmental, financial and labor issues.

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