GOBUSTAN OPERATING COMPANY TO BUILD GAS COMPRESSION STATIONS
Gobustan Operating Company (GOC) will construct a gas compression station (GCS) in the
GOC was established for the development of
of Arawak in CGL is 37.17%, and the rest part is retained by the China National Petroleum Company. Rosco
In 2005 Arawak Energy Corporation will allot CGL a $4m loan for Commonwealth Gobustan Limited under the
Definite part of the credit will be spent on drilling additional gas wells and implementation of geological survey in the contract area.
In 2004 Arawak Energy approved a $1.7m credit for Commonwealth Gobustan Limited for the development of the