Hazar Consortium announces tender for purchase of ESP units

Hazar Consortium, consisting of the Turkmen National Oil and Gas Company (NaPeCo) CJSC and Mitro International Limited, operating in accordance with the terms of the Production Sharing Agreement in the Khazar Contractual territory (East Cheleken Field), announces tender for the purchase of 4 (four) sets of ESP units from world manufacturers, complete with ground equipment for their introduction into wells of the Eastern Cheleken field after hydraulic fracturing, under the following Lot:

Lot No.1 - 4 (four) sets of ESP units from world manufacturers, complete with ground equipment for their introduction into wells of the Eastern Cheleken field

To participate in the marketing survey within ten calendar days (until 18.00 local time) from the date of publication of the announcement, you must:

• pay the fee for participation in the tender. The amount of the fee for participation in the tender is 250.00 USD (Two hundred and fifty US dollars). VAT is not charged in accordance with the terms of the PSA and the Law of Turkmenistan on Hydrocarbon Resources.
• prepare a written application of the applicant for participation in the tender (in any form).
• receive the terms of the tender (personal delivery at the address below). To obtain the terms of the tender and specification of the lot, it is necessary to submit a document confirming the payment of the fee for participation in the tender, a written application and a document confirming the authority of the representative of the company.

Payment details: branch of the company MITRO INTERNATIONAL LIMITED TURKMENISTAN currency account 232 030 002 201 849 001 69000 STATE BANK FOR FOREIGN ECONOMIC AFFAIRS OF TURKMENISTAN tax code 302 341 000 023

correspondent account 211 018 401 101 001 0000 3000 MFO 390 101 201

SWIFT: SBFETM 22. Banking expenses - at the expense of the applicant.

Providing clarifying information, familiarization with the content of the Application and reception of applications is carried out at the following address:

Alishir Navoi street 100 (Altyn Zaman building), Ashgabat 744000, Turkmenistan

Representative office of Mitro International Limited.

Preliminary familiarisation with the terms of the tender and the specification of the lot is carried out at the address indicated above, before the expiration of the specified deadline for paying the fee for participation in the tender.

Information phone:

+993 12 44-33-00

Fax:

+993 12 44-33-01

E-mail:

a.ishankuliyeva_asb.mitro@mail.ru, sergey.radko@mitromos.com, igor.savochkin@mitromos.com