Turkmenistan develops largest gas field

Aug 12, 2015 12:00 AM

Development of the largest natural gas field in Turkmenistan, Galkynysh, continues, the newspaper “Neutral Turkmenistan” said.

More than 20 production wells have been drilled during the preparation for the launch of refining capacities in the central part of the oil and gas area of the field, the newspaper said.

In 2014, the departments of Turkmen state concern “Turkmenraz” completed construction of three production wells with a depth of over 4,500 meters with a total flow rate of more than 6.5 million cubic meters of natural gas per day.

Teams of the “Turkmengeologiya” State Corporation commissioned three more wells.

This year, geologists plan to drill another four deep wells with high flow rate of gas on the field, the article said.

Using the experience of foreign companies to introduce advanced technologies and render services with respect to mining and geological conditions of the “Galkynysh” field made it possible to significantly improve the quality and efficiency of drilling operations and cope with the plans for commissioning of gas wells.

In addition, manufacturing operations in drilling conducted jointly with foreign companies contribute to further training of Turkmen specialists, the newspaper said.

The country’s largest fields are concentrated in the Mary province in the country’s east.

Under the program for development of the country’s oil and gas industry, it is planned to increase the gas production volume to 230 billion cubic meters by 2030.

It was earlier reported that over 76 billion cubic meters of natural gas was produced in Turkmenistan in 2014 and more than 45 billion cubic meters of this volume was sent for export.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« June 2019 »
June
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events