Turkmenistan's natural gas supplies to China will be increased to 65bn cubic meters annually after the launch of the transnational gas pipeline's fourth line (D) through the territory of Uzbekistan, Tajikistan, and Kyrgyzstan.
This statement was made by Batyr Amanov, head of the state concern Turkmengaz, during the investment roadshow of Turkmenistan in Dubai (UAE), according to the local oil and gas industry resource.
Stressing that gas consumption in China is growing, he said that under agreements, Turkmen natural gas supplies to China will increase to 65bn cubic meters annually after launching the fourth pipeline.
The existing Turkmenistan-China pipeline, commissioned in 2009, includes three parallel lines (A, B, and C) that transit Uzbekistan and Kazakhstan. Their total capacity allows transporting up to 40bn cubic meters of Turkmen gas.
The head of the state concern noted that the Galkynysh field, from which the fuel is delivered to China, has unique gas reserves estimated at 27.4tn cubic meters.
"To ensure the planned supply to China of an additional 25bn cubic meters of gas per year, the second phase of development of the Galkynysh field is planned to be put into operation. Relevant negotiations are currently underway".
Amanov said that the British company GaffneyCline recently presented to the Turkmen side an updated geological and hydrodynamic model of the field that will make it possible to bring the commercial development of the field to seven stages.
From 2009 to December 2022, over 350bn cubic meters of natural gas was supplied from Turkmenistan to 27 provinces, municipalities, autonomous regions of China, and the Hong Kong Special Administrative Region for a total of $60bn (including supplies from Kazakhstan and Uzbekistan - a total of 423.2bn cubic meters).
Ashgabat has been the largest supplier of pipeline gas to China in recent years, which also buys it through communications from Russia, Kazakhstan, and Uzbekistan. However, growing domestic demand has forced the latter two countries to reduce or halt natural gas exports. The leading LNG suppliers to China are Qatar, Australia, and Russia.
Credits: Eziz Boyarov, Ashgabat
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