Trend News Agency: Will China Get All Turkmen Gas?

It has been almost a year since the China National Petroleum Corporation (CNPC) launched the second phase of the industrial development of the gas field Galkynysh, the second largest one in the world in order to increase export of the natural fuel from Turkmenistan. China is one of the countries for its export.

Gaffney, Cline & Associates (UK) previously reported that the gas reserves of Galkynysh with the nearby fields, such as Yashlar, are estimated at 26.2 trillion cubic meters. The gas hearth is at the next stage of field development and construction of gas production and processing complex.

It is expected that the second phase of its development will be completed in 2021, and the processing capacity will amount to 30 billion cubic meters of gas per year. The second stage of development, as well as most part of the first stage, is paid by the loan of China State Bank. After completion of the second stage, the total amount of purified natural gas on the field Galkynysh will amount to 60 billion cubic meters.

The drilling of 70 wells is provided within the framework of implementation of the second phase of the industrial development of the field Galkynysh, the flow rate of most of which accounts for 2 million cubic meters per day. MORE