Turkmen leader fires gas monopoly chief

AP News
Posted: Oct 10, 2010 7:26 AM
Turkmen leader fires gas monopoly chief

State television in Turkmenistan says the president has fired the head of the state natural gas monopoly in yet another shake-up of the Central Asian country's burgeoning energy industry.

State television reported Sunday that Turkmengaz chairman Nury Mukhammedov was dismissed by presidential decree "for serious shortcomings in his work."

Top managers in state energy companies are frequently reshuffled, which prompts concern about Turkmenistan's ability to meet all its ambitious export targets.

President Gurbanguli Berdymukhamedov criticized Mukhamedov earlier this year for slow work in completing important gas pipelines and commissioning new gas fields.

Turkmenistan delivers gas to Russia, China and Iran. It also aspires to eventually sell gas to Europe.