China increases natural gas imports from Central Asian countries

Oil&Gas Materials 13 January 2021 11:41 (UTC +04:00)
China increases natural gas imports from Central Asian countries

BAKU, Azerbaijan, January 13

By Jeila Aliyeva - Trend:

Natural gas supplies from Central Asia to China increased, the main volume of which was carried out by Turkmenistan, Trend reports with reference to Turkmenportal information portal.

The natural gas supplies from Central Asian countries to China have amounted to 100 million cubic meters per day since the beginning of 2021.

According to Western Pipeline Company, last year about 39 billion cubic meters of natural gas were imported from Central Asia via the Turkmenistan-Uzbekistan-Kazakhstan-China pipeline. The total supply of environmentally friendly fuel has exceeded 336 billion cubic meters since the launch of the pipeline in 2009.

This gas pipeline is a strategically important energy channel connecting the countries of Central Asia and China.

Currently, Turkmenistan continues to work on strengthening the raw material base and developing the infrastructure of the transnational highway.

As it was reported earlier, the annual volume of natural gas supplies from Turkmenistan to China will be increased to 65 billion cubic meters per year in the future.

Turkmenistan has remained the leader in pipeline gas supplies to China in August. Most of the gas supplied by the Turkmen side to China was extracted from fields operated by the country’s Turkmengas State Concern.

Also, a new field on the territory of Bagtyyarlyk is being put into operation in the country. The field is being explored and developed by the China National Petroleum Corporation (CNPC).

The volume of investments of CNPC, which has been operating since 2007 in this contract territory in the Eastern part of Turkmenistan, amounted to more than $8.2 billion at the beginning of 2020.

Follow the author on Twitter: @JeilaAliyeva