Box 1: Gulf Involvement in Central Asia Energy
Projects
• The Caspian Pipeline Consortium, which saw
until 2008 the involvement of the Omani
government.
• The development of the N-Block in the
Kazakhstani Caspian sector, an offshore project in
which Mubadala holds minority (24.5%) stakes.
• The Cheleken Contract Area, which includes two
major natural gas fields developed under PSA
conditions by Dragonoil – the upstream unit
of the Emirates National Oil Company – in the
Turkmen sector of the Caspian Sea.
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