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    Amu Darya Project Gas Supplies to China This Year Reach 10 Bcm

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Summary

China National Petroleum Corp. (CNPC), the parent company of PetroChina, announced Thursday that Amu Darya River Natural Gas Co. in Turkmenistan has supplied 10.11 billion cubic meters (bcm) of natural gas to China this year as on November 9.

by: Shardul

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Asia/Oceania

Amu Darya Project Gas Supplies to China This Year Reach 10 Bcm

China National Petroleum Corp. (CNPC), the parent company of PetroChina, announced Thursday that Amu Darya River Natural Gas Co. in Turkmenistan has supplied 10.11 billion cubic meters (bcm) of natural gas to China this year as on November 9.

Amu Darya River Natural Gas Co. saw its annual gas supply exceed 10 bcm for the first time since it started transmission via the Central Asia-China natural gas pipeline in 2009, Xinhua Finance Agency reported.

The company's cumulative natural gas supply to China has surpassed 30 bcm. Amu Darya River Natural Gas Co. currently operates three natural gas processing plants in Turkmenistan, which have a combined processing capacity of 30 bcm per year.

On July 17, 2007, CNPC signed a production sharing agreement to explore and develop gas fields on the right bank of the Amu Darya River, and a natural gas sale-and-purchase agreement with the Turkmen State Agency for Management and Use of Hydrocarbon Resources and Turkmengaz respectively.