Baku, Azerbaijan, July 30
By Leman Zeynalova – Trend:
The volume of oil production at Turkmenistan’s Nebit Dag area by Italian Eni company stands at 8,000 barrels per day in the first half of 2018, a source in the company told Trend.
“I can confirm you that drilling has never been suspended since the time of acquisition, 2008. The current production is 8 kbbl/d in the first half of the year,” said the source.
Eni started its activities in Turkmenistan with the purchase of the British company Burren Energy plc in 2008. Activities are focused on the onshore Nebit Dag Area in the Western part of the country, over a developed acreage of 200 square kilometers (180 square kilometers net to Eni), in four areas.
Production derives mainly from the Burun oil field. Oil production is shipped to the Turkmenbashi refinery plant.
Eni receives, by means of a swap arrangement with the Turkmen Authorities, an equivalent amount of oil at the Okarem terminal, close to the South coast of the Caspian Sea. Eni’s entitlement is sold FOB.
Associated natural gas is used for gas lift system. The remaining amount is delivered to the national oil company Turkmenneft, via national grid.
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