USD 75.5873

0

EUR 84.9526

0

BRENT 72.91

0

AI-92 46.89

-0.01

AI-95 50.94

+0.01

AI-98 59.1

+0.06

Diesel 52.93

+0.02

938

Turkmen President: Future volume of natural gas exports to China will reach 100 billion m3

Turkmenistan is China's 2nd largest gas supplier after Australia

Turkmen President: Future volume of natural gas exports to China will reach 100 billion m3

Ashgabat, August 24 - Neftegaz.RU. In the future, the volume of natural gas exported to China will reach 100 billion m3.
This was stated by President of Turkmenistan Gurbanguly Berdimuhamedov, speaking at a ceremony dedicated to the start of drilling new wells in the giant Galkynysh gas field in Turkmenistan.

Addressing General Director of the branch of the National Oil & Gas Corporation of China (CNPC) Chen Huailong, who was entrusted with implementing the project, the Turkmen leader expressed gratitude to the employees of the corporation for their contribution to increasing the volume of Turkmen gas exported to China.

At present, China is supplied with 40 billion m3 of «blue fuel».
In accordance with the signed agreement, it is planned to supply 65 billion m3 of gas.
Berdimuhamedov noted that that would not be the limit.
In the future, the volume of natural gas exported to China would reach 100 billion m3.

Turkmen President recalled that the resources of the Galkynysh field alone, according to experts, amountex to about 27 trillion m3 of gas, and in general, the country's gas resources were estimated at 50 trillion m3 of «blue fuel».

The President also noted that during the industrial development of Galkynysh, large infrastructure projects were built here, including 3 gas processing plants with a total capacity of 30 billion m3 per year.
Today, 45 wells operate on this promising area, each of which provides the volume of produced gas up to 2 million m3 per day.

According to Berdimuhamedov, start of construction of three more wells of special complexity at Galkynysh became an important step for the further development of the country's gas industry and cooperation between Turkmenistan and China in the fuel and energy sector.

Source : Neftegaz.RU


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru