RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of January 5, 1998 No. 3476

About organizational structure of Turkmenneft State concern

For the purpose of sovershenstvovaniye of organizational structure of management of the oil industry I decide:

1. Approve organizational structure of Turkmenneft State concern it (is applied).

2. Remove Nebitdag sovkhoz from structure of Turkmenneft State concern and transfer it in accordance with the established procedure to the jurisdiction of hyakimlik of the Gazandzhiksky etrap of Balkan Region.

3. To privatize factory on conversion of sheepskins of Turkmenneft State concern according to the legislation of Turkmenistan.

4. Declare invalid appendix 1 to the resolution of the President of Turkmenistan of July 1, 1996 No. 2700.

Appendix

to the resolution of the President of Turkmenistan of January 5, 1998 No. 3476

Organizational structure of Turkmenneft State concern

1. Buroil&Gas trust

2. Neftespetsmontazhstroy trust

3. Management of Balkanneftegeofizik

4. Institute "Balkannipineft"

5. Balkan management of material resources and picking

6. Management of workover

7. Oil and gas production department Chelekenneft

8. Specialized department on repair of the equipment, adjustment of means of power and automation

9. Oil and gas production department Nebitdagneft

10. Oil and gas production department Goturdepeneft

11. Oil and gas production department Gumdagneft

12. Oil and gas production department Gamyshldzhaneft

13. Korpedzhinsky gas-field management

14. Management of water supply

15. Mechanical-repair plant

16. Oglanlinsky bentonite mine

17. Trunk oil pipeline administration

18. Management of collection and transport of gas

19. Nebitdagsky department of technological transport

20. Goturdepinsky department of technological transport

21. Barsagelmezsky department of technological transport

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