BAKU, Azerbaijan, Sept. 1
By Klavdiya Romakayeva - Trend:
The export of Turkmen natural gas to China in last 11 years exceeded 300 billion cubic meters, Trend reports with reference to the State News Agency of Turkmenistan.
According to Chinese customs statistics, in June 2021, China imported the maximum volume of pipeline natural gas in history - 4.714 billion cubic meters or 157 million cubic meters per day.
It is noted that the lion's share of this volume comes through the main pipeline Turkmenistan-China, which has been operating stably and safely for over 11 years since its commissioning in December 2009.
Thus, in January 2021, more than 3.87 billion cubic meters of natural gas were delivered to China via this gas pipeline. At the same time, Turkmenistan has been the main exporter of pipeline gas to China for a long time.
For more than 11 years, the export of Turkmen natural gas to China has exceeded 300 billion cubic meters. Turkmen gas occupies over 10 percent of China's consumer market. It is noted that ‘blue fuel’ from Turkmenistan is supplied to the population of dozens of provinces and autonomous regions of China, and the number of its consumers exceeds 500 million people.
At the ceremony of launching a new high-tech investment project for the construction of three new gas wells at the Galkynysh field, President of Turkmenistan Gurbanguly Berdimuhamedov noted that 40 billion cubic meters of ‘blue fuel’ are currently supplied to China, adding that new wells will create additional reserves for export gas supplies To China.
It is noted that the contract for the implementation of these works was concluded by the Türkmengaz State Concern with the Chinese CNPC, payment for the services of which will be carried out through the supply of natural gas to China within three years.
Also, in accordance with the agreement signed earlier, it is planned to supply China with 65 billion cubic meters of gas from Turkmenistan, and this is not the limit. According to Berdymukhamedov, in the future, the volume of natural gas exported to China will reach 100 billion cubic meters.
In addition, China's gas demand is expected to double by 2035. More environmentally friendly than coal and oil, natural gas is seen as a transitional fuel in the development of ‘green energy’.
Follow the author on Twitter: @romakayeva