Tuesday, 16 August 2005

TURKMENISTAN NEARLY COMPLETES SHAKE-UP OF OIL AND GAS SECTOR

Published in News Digest

By empty (8/16/2005 issue of the CACI Analyst)

Presidential fury completed Monday full circle of the oil and gas sector of Turkmenistan when the head of Turkmengeoligia was removed from his job. State minister and chairman of state concern Turkmengeologia, Orazmuhammet Agageldiyev, was removed through a presidential decree because of ‘serious drawbacks’ in his work. He has been replaced by Ishanguly Nuriyev, who would be on probation for a period of six months.
Presidential fury completed Monday full circle of the oil and gas sector of Turkmenistan when the head of Turkmengeoligia was removed from his job. State minister and chairman of state concern Turkmengeologia, Orazmuhammet Agageldiyev, was removed through a presidential decree because of ‘serious drawbacks’ in his work. He has been replaced by Ishanguly Nuriyev, who would be on probation for a period of six months. The weeding out process started several weeks ago when Yolly Gurbanmuradov, deputy prime minister responsible for oil and gas sphere, was fired under a stack of charges. He has since been sentenced to a long prison term. Later, the heads of Turkmenneftgaz and Turkmenneft were also removed from their jobs under similar charges that range from abuse of office, bribery and corruption to misappropriation of public property and nepotism. Except of some subsidiary organizations, the main entities of the Turkmen oil and gas sector have now undergone change of command. (www.newscentralasia.com)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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