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    Turkmenistan to Launch Third Development Phase of Galkynysh Gas Field

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Summary

Turkmenistan will launch the third phase of development of the Galkynysh gas field, Trend News Agency quoted chairman of the Turkmengaz Ashirguly Begliyev as saying.

by: Shardul

Posted in:

Asia/Oceania

Turkmenistan to Launch Third Development Phase of Galkynysh Gas Field

Turkmenistan will launch the third phase of development of the Galkynysh gas field, Trend News Agency quoted chairman of the Turkmengaz Ashirguly Begliyev as saying.

Begliyev said with the launch of the third phase sometime later this year, annual production from the field is likely to rise to 95 billion cubic meters (bcm).

Currently, Turkmenistan exports gas to China, Iran, and Russia. The Trans-Caspian gas pipeline across the Caspian Sea to Europe through Azerbaijan and the TAPI gas pipeline are two major projects envisioned. Construction of much delayed Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is finally expected to commence on Dec. 13, Turkmenistan Ambassador to Pakistan Atadjan Movlamov said Tuesday.

Turkmenistan produced over 76 bcm of natural gas in 2014, and exported around 45 bcm.