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Deposits dev’t of Turkmenistan’s Uzynada field to increase oil, gas condensate production

Oil&Gas Materials 5 March 2021 12:45 (UTC +04:00)
Deposits dev’t of Turkmenistan’s Uzynada field to increase oil, gas condensate production

BAKU, Azerbaijan, March 5

By Jeila Aliyeva - Trend:

The development of deposits of Turkmenistan’s Uzynada field will provide an additional increase in oil and gas condensate production, Trend reports with reference to Turkmenistan's 'Golden Age' electronic newspaper.

According to the plan, the exploration and development of the deposits of the Uzynada field will provide an additional increase in oil and gas condensate production, which will amount to approximately 38.5 million tons.

In general, in the south-west of Turkmenistan, the Uzynada field is being searched with the use of modern methods of seismic exploration and drilling of promising areas.

Currently, the construction of several exploration wells has been completed, which provided an industrial inflow of hydrocarbons.

Turkmenistan's oil refining plan was exceeded by 0.8 percent in January of this year.

The plan for the production of gasoline was exceeded – by 0.4 percent, diesel fuel - by 3.4 percent, polypropylene - by 2.5 percent, natural and associated gas production - by 15.9 percent, gas exports - by 10.6 percent, investment development - by 31.4 percent.

Last year the plan for the production of oil and gas condensate was fulfilled by 100 percent, natural and associated gas plan was exceeded by 1 percent, and oil refining – by 1.7 percent.

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Follow the author on Twitter: @JeilaAliyeva

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