Hydrocarbon resources from Block 23 may contribute to filling Nabucco: RWE Turkmenistan General Manager (INTERVIEW)

Hydrocarbon resources from Block 23 may contribute to filling Nabucco: RWE Turkmenistan General Manager (INTERVIEW)

Azerbaijan, Baku, Nov. 17 / Trend A.Badalova /

Trend 's interview with RWE Dea AG Turkmenistan General Manager
Heiko Oppermann.

Trend : In summer, RWE Dea was awarded a concession to explore and develop Licence Block 23 in the Caspian Sea in Turkmenistan. At what stage is the work on this block today? What operations have already been carried out and what is planned to be done in the immediate future?

Oppermann: The Production Sharing Contract (PSC) signed by the State Agency for Management and Use of Hydrocarbon Resources, by the President of Turkmenistan and RWE Dea, became effective early in August 2009. Since then, we have registered our own subsidiary, RWE Dea AG, Turkmenistan Branch in Ashgabat. The local Branch office will be opened soon. Currently we are preparing tender documents for a baseline study and an environmental impact assessment study to be performed prior to a 3D-seismic acquisition in our offshore Block 23.

Q: When is production scheduled to begin and what is the possible transportation route of hydrocarbons from prospective fields?

A: After acquisition, processing and interpretation of seismic data, we plan to drill one exploratory well by 2013. If this well proves to be successful, further appraisal drilling will be considered. At this point in time, it is far too early to decide on specific transportation routes.

Q: What are the expectations of oil or gas resources in Turkmenistan?

A: We expect significant resources in Block 23, but as we are currently at the very beginning of our work programme, it is far too early to provide any reliable estimate. We will have to wait for the results of our exploration campaign.

Q: Considering the lack of a gas pipeline through the Caspian Sea, how will gas from the region be delivered to Europe?

A: Generally speaking, there are several options: the most likely one at this point of time would be a tie-in of various offshore fields, which means a connection between Turkmen and Azeri offshore platforms. A further one, of course, would be a trans-Caspian pipeline, an offshore pipeline system about 300 kilometres long, linking Turkmenistan and Azerbaijan.

Other options may also be considered. Together with OMV, RWE is exploring all options in detail.

Both companies founded the "Caspian Energy Company" in order to analyse possible ways to build up a comprehensive infrastructure that is able to link the vast gas resources of the Caspian region to Europe.

Q: What is the total investment volume for exploration of this block?

A: During the initial exploration period of four years as defined under the signed PSC, we estimate total expenditures of about $60 to 80 million.

Q: Why is RWE Dea focusing on Turkmenistan or the Caspian region?

A: First of all, we expect a substantial reserve potential in Turkmenistan and other countries of the Caspian region and we can contribute a lot of experience when it comes to the exploration, development and production of hydrocarbons.  

And, of course, RWE is part of the Nabucco consortium, with the aim of securing the energy supply of Europe. Hydrocarbons from Block 23 may contribute to filling the planned Nabucco pipeline with equity gas volumes.

Furthermore, RWE Dea can rely on its long-lasting experience as operator in transition zones and environmentally sensitive areas. The drilling and production island Mittelplate in the German Wattenmeer Tidelands, a national park, is an excellent proof for professional performance in that field. The special location of the oil field Mittelplate in this ecologically sensitive area calls for the utmost of care in the execution of all operations and poses an extreme challenge for both people and technology. The Mittelplate project is therefore characterised by the use of numerous technical innovations and an internationally unique level of safety, making it a model of environmentally compatible crude oil production. We are looking forward to bringing our experience and technological abilities into our new project, which hopefully will be the starting point for a long lasting and faithful relationship between Turkmenistan and RWE Dea.

Q: Will you employ Turkmen staff, and what is the outlook for the organisation?

A: We will start our local branch office with some very qualified Turkmen personnel. Together with experts from RWE Dea in Germany, we will put ourselves in a strong position to fulfil all requirements of the work programme under the PSC for Block 23 and we will apply high technical and administrative standards. With growth of our activities, we will also consider establishing an appropriate number of expatriates besides employing nationals.

Iran launches National Productivity Network to connect businesses
Iran launches National Productivity Network to connect businesses
Iran's Palayesh Parsian Sepehr Company to receive large revenues
Iran's Palayesh Parsian Sepehr Company to receive large revenues
Iran's Energy Exchange announces products to be on sale on April 17
Iran's Energy Exchange announces products to be on sale on April 17
Loading Bars
Latest
NATO allies to leave Afghanistan along with U.S
Belgium to ease COVID-19 restrictions
Instagram launches test where users can choose to see likes
Japan seeks to establish agricultural working groups in Georgia
Azerbaijan's First VP gives instructions in regards to Tunar Bagırov suffering from SMA
Turkey reports over 62,000 COVID-19 cases
UK records another 2,491 coronavirus cases, 38 deaths
Turkmenbashi Oil Refineries opens tender for purchase of metal products
Georgian company eyes building of airdrome in outskirts of Tbilisi
Kazakh-German oil extracting JV opens tender to buy pumps
Iran launches National Productivity Network to connect businesses
Kazakhstan’s subsoil users subsidize domestic market of fuel and lubricants to keep gasoline prices
Production of Sputnik V vaccine launched in Serbia
Armenian gov't didn’t want foreigners to see devastation, their hatred to Azerbaijanis - President Aliyev
Georgia tightens entry rules for Indian visitors due to pandemic
Brent prices above $66/bbl first time from March 18
Uzbek deputy PM, Saudi Arabian minister discuss implementation of joint projects
Azerbaijani Foreign Ministry responds to French ambassador to Armenia
Uzbekistan’s Mubarek gas processing plant launches sodium sulfide production
Azerbaijani PM, Turkish ambassador hold meeting
Ucell launching 5G in Uzbekistan’s Tashkent
Kazakhstan’s Kazgeology company announces number of ongoing investment projects
Working visit of President of Belarus in Azerbaijan ends (PHOTO)
Gold and foreign exchange reserves decrease in Uzbekistan
Ukraine, Azerbaijan may increase potential for using renewable energy
Football Federations of Turkic Speaking States sign Memorandum of Understanding for Cooperation
Georgia, Tajikistan contribute to intensification of cargo transit
Austria, Georgia eye to implement projects in animal husbandry
Iran's Palayesh Parsian Sepehr Company to receive large revenues
Kazakhstan to allocate funds for development of processing industry
Azerbaijan plans to organize transit cargo transportation through Turkey to EU countries
Azerbaijan's State Committee on Property Issues holds new auction on privatization
Germany's economic institutes cut GDP 2021 growth forecast to 3.7%
Indian PM Modi addresses Inaugural Session of Raisina Dialogue
Kazakhstan taking measures to boost drinking water reserves
Ukraine ready to help Azerbaijan to restore liberated territories - Deputy PM
COVID-19 pandemic hinders Georgian Airways to increase number of flights
First train with feed products arrives in Azerbaijan from Turkey via TURKUAZ project
Iran's Energy Exchange announces products to be on sale on April 17
UNDP supports Georgia's adoption of legislation on environmental liability
Export of cotton from Azerbaijan greatly increases from Jan. through Feb. 2021
United Nations concludes field mission to conflict-affected districts of Azerbaijan (PHOTO)
Iran to stop importing catalysts in petrochemical sector
Azerbaijan shares updated info on COVID-19 vaccinated citizens
Bahar Azadi gold coin price rising in Iran
NATO partners appreciate significant contribution that Georgia making to global security
Iran to increase enrichment in Natanz nuclear facility
Volume of gas injected into Iran's Karanj field increases
Demand for Azerbaijani CBA's short-term notes exceeds supply
1Q2021 number of job seekers from Turkey in Kazakhstan, Uzbekistan down
Azerbaijan confirms 2,293 more COVID-19 cases, 2,071 recoveries
Nikola, Iveco and OGE sign preliminary hydrogen distribution agreement
CNPC branch in Turkmenistan opens tender for maintenance of compressors
Kazakhstan eyes reducing flights number to Turkey as COVID-19 cases jump
EU to raise COVID vaccine supplies from Pfizer in Q2 to 250 million doses
Digitalization in Azerbaijan proceeding at highest level among CIS states - IDC
Minsk IT Holding of Belarus develops solution for accepting non-cash payment based on NFC smartphones
2020/2021 season to be less profitable for potato farmers in Georgia
Georgian citizens preparing to leave for Germany for work
Turkish Parliament to discuss violations by Armenia during attacks on Azerbaijan
Turkmen iodine plant releases production data
Transactions through ATMs up in Azerbaijan
Azerbaijan, Ukraine have several areas for interaction, partnership - Deputy PM
Italy supported Azerbaijan in Karabakh war despite pro-Armenian force - expert
Exports of several oil products from Iran shrink
Kazakhstan's preliminary oil extraction data indicates drop - OPEC
Coffee prices up in Georgia
Georgia observing economic recovery - minister
Goldman Sachs profit jumps on record global dealmaking
Iran’s Alborz Province exports fishery products
Azerbaijani citizens can visit dozens of countries without visa - Henley&Partners
Ukrainian deputy PM visits Azerbaijan’s Aghdam district (PHOTO)
Azerbaijan took huge step towards achieving its national dream - President of Belarus
Turkmenistan reveals volume of allocated loans in national currency
Relations between Azerbaijan and Belarus are far from any problems - President Aliyev
1Q2021 volume of electricity generation by Azerbaijani TPPs down
Azerbaijani, Belarus presidents made press statements (PHOTO)
Turkey reveals volume of cargo shipment via local ports from Netherlands
Azerbaijani, Belarusian presidents sign bilateral documents (PHOTO)
Azerbaijani Energy Ministry, IFC sign Memorandum of Understanding on offshore wind energy (PHOTO)
We created new reality by shedding blood, everyone should reckon with us - President Aliyev
Armenia took advantage of Heydar Aliyev’s dismissal from all posts - Azerbaijani president
IEA expects growth in Azerbaijan’s oil output
Our Victory is not only victory of our people, entire Turkic world is proud of it - Azerbaijani president
2M2021 data on cargo shipment via Turkish Mersin port disclosed
Popular Front-Musavat were selling gasoline to Armenia - Azerbaijani president
Armenia - country with bowed head, and it will always be the case - President Aliyev
Certain revengeful forces raising their heads should know that iron fist remains in place - Azerbaijani president
Iran and Russia extend bilateral cooperation
During war, they wanted to introduce sanctions against us - President Aliyev
Russia records over 8,300 daily COVID-19 cases
War Trophy Park in Baku illustrating aggressive nature of Armenia
Value of Russian imports of Turkish ready-made clothes disclosed
EU to borrow around 150 billion euros annually for recovery fund
Azerbaijan’s average compliance with OPEC+ deal up - IEA
US imports of Turkish electrical goods grow in value
Moody’s discloses forecast on growth of Azerbaijan's economy for next 3 years
President Aliyev on transfer of Irevan to Armenia: I condemned this decision, we should not obscure history
I have been saying that second Armenian state will never be created in our lands - Azerbaijani president
Baku Military Trophy Park - message for revenge seekers, says Azerbaijani expert (VIDEO)
All news