BP plans in the Caspian region will strengthen the prospects for the export of Turkmen gas to Europe
19:30 03.02.2023 3501
BP recently issued two press releases regarding future gas developments from existing oil and gas fields in the Caspian region. According to Turkmen Forum experts, these plans strengthen the prospects for organizing the export of natural gas from Turkmenistan to the European direction.
BP's first press release concerns the drilling of an appraisal well in Azerbaijan's main Azeri-Chirag-Guneshli (ACG) oil field to collect data on the deep gas underlying the oil field being developed. It is planned to drill to a depth of 4500 meters.
The second press release reports on an exploration well in the Shah Deniz gas condensate field to better understand deep gas resources below existing gas horizons. The depth of this well will be about 7000 meters.
It is also noted that both of these wells will not lead to rapid gas production. Even in case of success in finding gas and making an investment decision, the first gas from both the ACG depth and the Shah Deniz depth will be received in 4 or 5 years.
At the same time, these statements show that Azerbaijan is serious about further development of cooperation. This is good news for the expansion of the Southern Gas Corridor and gas supplies to Europe in the late 2020s.
This is good news for Turkmenistan, Turkmen Forum notes, as Turkmen gas could play a positive role in boosting supplies, making the expansion of the Southern Gas Corridor even more worthwhile once joint development of the Dostluk field in partnership with Azerbaijan begins.
SC «Turkmengas» and «Haldor Topsoe» are preparing to start production of ammonia and methanol from natural gas
The State concern «Turkmengas» is negotiating with the Danish company «Haldor Topsoe» on the construction in Turkmenistan of a small-sized gas chemical plant for the production of ammonia and methanol from natural gas. Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported this to President Gurbanguly Berdimuhamedov at a government meeting held last Friday.
The TAPI gas pipeline will benefit the entire region, including $1 billion to Afghanistan for transit, – Pakistani Foreign Minister
The implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is beneficial for the entire region, and Afghanistan alone will receive $1 billion in transit fees and royalties, Foreign Minister Shah Mahmoud Qureishi said on Thursday, the Pakistani Daily Times reported.
Gasoline produced by TCOR is among the export transactions on the exchange of Turkmenistan
12 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Pakistani Foreign Minister discussed the situation in Afghanistan with the leadership of Turkmenistan
The situation in Afghanistan and further steps to intensify regional cooperation in order to maintain peace and stability in the region were discussed on Thursday at a meeting between President of Turkmenistan Gurbanguly Berdimuhamedov and Pakistani Foreign Minister Shah Mehmud Qureshi, who is on a visit to Turkmenistan, the website of the Foreign Ministry of Turkmenistan reports.
«Abraýly dostlar» launched the production of polypropylene threads from local raw materials
The «Abraýly dostlar» enterprise, located in the Ak Bugday etrap of the Ahal region, has started production of polypropylene multifilament textured, technical and twisted threads, Business Turkmenistan reports.