Turkmenistan M&A | XRG and Hazarnebit acquire equity in Block 1 from PETRONAS in a significant deal for Turkmenistan

May 30, 2025/Adi Abdiu

PETRONAS has signed a new PSC for Block 1 in Turkmenistan, a large producing gas/condensate project, with XRG (ADNOC) and Turkmen state enterprise Hazarnebit joining as partners.