Turkmenistan offers Saudi Arabia to jointly develop large gas field
Ashgabat, Turkmenistan, May 3
By Huseyn Hasanov- Trend:
President of Turkmenistan Gurbanguly Berdimuhamedov has offered companies in Saudi Arabia to consider participation in the investment project on the development of the largest gas field 'Galkynysh', the Turkmen government said in a message May 3.
The meeting of the Turkmen president, which is in Saudi Arabia on an official visit May 1-3, with the local business circles was held at the Riyadh Chamber of Commerce & Industry.
The accelerated industrial development of Turkmenistan's largest and world's second largest field 'Galkynysh' has been carried out step-by-step since 2009.
According to Gaffney, Cline & Associates (UK), which audits at the Galkynysh field and the adjacent Yashlar field, these two sites have an estimated total resource reserve of 26.2 trillion cubic meters of gas, and when taking into account the newly discovered Garakel field, the block's reserves rise to 27.4 trillion cubic meters.