Turkmenistan seeking for new oil, gas fields
Ashgabat, Turkmenistan, Sept. 12
By Huseyn Hasanov – Trend:
Special attention will be paid in Turkmenistan to research work, 2D and 3D seismic surveys aimed at finding new oil and gas fields, reads an article in the online newspaper of the country’s Oil and Gas Complex.
During the recent oil and gas meeting, Turkmen Deputy Prime Minister for Energy Maksat Babayev noted the particular importance of implementing measures to improve oil and natural gas production, introduce new technologies and use all equipment at full capacity.
It was previously reported that about 200 oil and gas fields were discovered in Turkmenistan. The country’s potential hydrocarbon resources are estimated at 71.2 billion tons of oil equivalent, 53 billion tons of which account for onshore and 18.2 billion tons – for offshore areas.
The world’s second biggest gas field, Galkynysh, is located in the eastern part of Turkmenistan. According to an audit held by the UK’s Gaffney, Cline & Associates, reserves of the Turkmen Galkynysh field, together with reserves of the Yashlar and Garakel fields, exceed 27 trillion cubic meters.
Turkmenistan currently supplies gas to Iran and China. Construction of the Turkmen section of the Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline is now underway.