Ashgabat, Turkmenistan, April 7
By Huseyn Hasanov- Trend:
The growth rate of natural gas production amounted to 106.9 percent, and liquefied gas - 103.3 percent for the first quarter of 2014 in Turkmenistan, according to the report of the State Statistics Committee.
Turkmenistan -one of the key players in the gas market in the Caspian region and Central Asia, set a goal to reach 77 billion cubic meters of natural gas production in 2013, about 44 billion cubic meters of which was aimed at export, the report said on April 7.
The above is included in the five-year Program on the development of the oil and gas complex of Turkmenistan for the period of 2012-2016 which was approved by the President of Turkmenistan Gurbanguly Berdimuhamedov.
Turkmenistan produced 64.4 billion cubic meters of gas in 2012, compared to 59.5 billion cubic meters of gas in 2011 (an increase of 7.8 percent), according to BP's report on world energy.
Turkmenistan`s share in the global gas production made up 1.9 percent in 2012. Gas consumption in the country amounted to 23.3 billion cubic meters, in this period which is 7.1 percent less than in the previous year.
China, Iran and Russia are the consumers of Turkmen gas at this stage, and the Chinese market is demanding an increase. The largest resources are concentrated in the Mary region in the east of the country - at Galkynysh and Yashlar fields with total reserves, estimated by local geologists and British company GCA within 26.2 trillion cubic meters.
The total amount of natural gas produced in Turkmenistan should reach 448.7 billion cubic meters in accordance with the Program on the development of oil and gas complex for 2012-2016 period.
Translated by S.I.
Edited by C.N.