Turkmenistan implementing gas projects worth $20 bn

Jul 23, 2015 12:00 AM

Currently, Turkmenistan is implementing several major projects aimed at increasing the production and export of natural gas, as well as the projects for deep processing of gas, the country’s Ministry of Oil and Gas Industry and Mineral Resources said July 23.

The total cost of these projects is $20 billion.

Moreover, these projects include the second stage of Galkynysh field’s development, construction of Turkmen sector of the fourth branch of Turkmenistan-China gas pipeline with the total capacity of 30 billion cubic meters of natural gas, a plant for polyethylene and polypropylene production in Balkan province, as well as a plant for producing synthetic gasoline from natural gas in Ahal province.

The ministry added that work is underway on starting deep chemical processing of natural gas in two directions.

The first direction envisages removing propane, ethane and other components from the natural gas and processing them to produce polyethylene, polypropylene, polyvinyl chloride and other products.

The second direction envisages chemical processing of methane to produce methanol and further processing this methanol to produce liquid fuels, i.e. gasoline, diesel fuel, and so on.

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