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    Turkmenistan's Galkynysh to Start Production by June 30

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Summary

Production from Galkynysh, world's second-largest gas field located in Turkmenistan, is expected to start by June 30.

by: Shardul

Posted in:

Asia/Oceania

Turkmenistan's Galkynysh to Start Production by June 30

Production from Galkynysh, world's second-largest gas field located in Turkmenistan, is expected to start by June 30.

"This is a very deep field, the total gas accumulation is very large, so we have huge gas production capacity," Annageldi Mametyazov, Turkmen deputy oil and gas minister, told media persons on the sidelines of a conference in Paris on Wednesday, Reuters reported.

Estimates put reserves of Galkynysh at 13.1 trillion to 21.2 trillion cubic metres.

The deadline for the field's first gas output was timed to coincide with the birthday of Turkmenistan's strongman President Kurbanguly Berdymukhamedov marked on June 29, Reuters said.

Meanwhile, Kakageldy Abdullayev, chairman of Turkmen national gas company TurkmenGas, told a gas congress in the Turkmen capital Ashgabat on Wednesday the second stage of development at Galkynysh would allow eventually to boost annual gas export to China by 25 bcm to 65 bcm per year, Reuters said.