Turkmenistan, Japan mull development of Galkynysh gas field

Oil&Gas Materials 1 April 2019 21:11 (UTC +04:00)

Ashgabat, Turkmenistan, April 1

By Huseyn Hasanov– Trend:

The Turkmen delegation held talks in Tokyo on the project for the development of the Galkynysh gas field (Mary province) and other relevant joint projects, Trend reports via TV-channel "Turkmenistan".

The delegation was headed by the chairman of the Turkmen-Japanese inter-parliamentary friendship group from the Turkmen side, the deputy head of the Ahal prpovince Serdar Berdymuhamedov. A relevant protocol was signed following the meetings.

It was earlier reported that the agenda included financing by the Japanese company Sumitomo of an agreement on the supply of pipes and other products for the development of Galkynysh, the second largest gas field in the world.

It was reported in December 2015 that the Japanese consortium will begin to implement the third stage of development of Galkynysh in Turkmenistan, and relevant negotiations were conducted with Mitsubishi, Chiyoda, Sojitz, Itochu and JGC.

As part of this, it was planned to increase the capacity to 35 billion cubic meters of gas per year to provide raw material for the TAPI gas pipeline (Turkmenistan-Afghanistan-Pakistan-India). However, official statements on the progress of this project have not yet been made. The first stage of the development of the Galkynysh field, with a capacity of 30 billion cubic meters of gas per year, was implemented in 2013. Investments in this project amounted to $9.7 billion. The Turkmengas State Concern, which acted as the general contractor, has commissioned a work package on CNPC (PRC), LG and Hyundai (Republic of Korea), Petrofac and Gulf Oil & Gas FZE (UAE) service conditions. In 2014, the implementation of the second stage of the development of Galkynysh began, which was entrusted to CNPC on service conditions.

The design capacity of the infrastructure was declared at the level of 30 billion cubic meters of gas per year. The British Gafney, Cline & Associates increased the estimate of the field's reserves (together with the accompanying Yashlar field) from 26.2 trillion cubic meters to 27.4 trillion cubic meters of natural gas. The growth of reserves was due to the discovery of Garagol field. Gas from Galkynysh is supplied to the domestic market and exported to China.