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At Thursday's meeting, Berdymukhamedov instructed officials to consider proposals to develop offshore oil and gas fields in the Caspian Sea submitted by Chevron and ConocoPhillips. Among the other potential candidates he named were TX Oil Ltd., an obscure Texas-based company chaired by Neil Mallon Bush, former President George W. Bush's younger brother, and Abu Dhabi-based Mubadala Oil and Gas. No details were given about the size of the offshore fields in question or the required amount for investment. Berdymukhamedov also gave a year-end deadline for the government to conclude a sale agreement for gas to be sold through the planned Turkmenistan-Afghanistan-Pakistan-India pipeline.
Negotiations on building the trans-Afghan pipeline have lasted more than 15 years, although persistent conflict in the region has weakened the energy route's prospects. The Asian Development Bank financed a feasibility study project in 2005 that envisioned the pipeline spanning 1,680 kilometers (1,008 miles) from Turkmenistan's Dauletabad field to the Indian border village of Fazilka. The cost of construction has been estimated at $3.3 billion with annual supply capacity slated to reach 33 billion cubic meters of gas.
[Associated
Press;
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