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Petronas prepares to deliver gas from Turkmen sector of Caspian Sea

Oil&Gas Materials 7 November 2017 11:07 (UTC +04:00)

Ashgabat, Turkmenistan, Nov. 7

By Huseyn Hasanov – Trend:

Malaysia’s state energy company Petronas is ready to supply commercial gas from the Turkmen sector of the Caspian Sea in the volume of five billion cubic meters starting from the 3Q18, a source in the fuel and energy complex of Turkmenistan told Trend Nov. 7.

“Block 1 has enough resources to supply commercial gas in the volume of five billion cubic meters starting from the 3Q18, for a period of 20-25 years, if necessary,” said the source.

Earlier, it was reported that the total area of Block 1 contract area is about 1,467 square kilometers and includes Diyarbakir, Magtymguly, Ovez, Mashrykov and Garagol-Deniz fields.

The explored reserves are totaling at least one trillion cubic meters of gas, more than 200 million tons of oil and 300 million tons of gas condensate.

The operator carries out various types of work on the development, production, transportation of hydrocarbon raw materials at these fields from a number of offshore operating platforms built earlier. Petronas Charigali is one of the first partners of Turkmenistan on developing offshore fields in the Caspian Sea.

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