Over 320 billion cubic meters of Turkmen gas supplied since the start of operation of the Turkmenistan-China gas pipeline, – CNPC
15:22 07.01.2022 10253
Since the opening of the transnational Turkmenistan-China gas pipeline in 2009, over 320 billion cubic meters of Turkmen gas have been exported to the Celestial Empire. General director of the branch of the National Petroleum Corporation of China (CNPC) Chen Huailong stated this, the Watan news program of the Turkmen television reported.
Huailong spoke at a working meeting held on Wednesday by President of Turkmenistan Gurbanguly Berdimuhamedov in the administrative center of Lebap velayat with the leaders of the country's oil and gas complex.
The head of the CNPC branch in Turkmenistan also said that in 2021, Turkmenistan sent about 34 billion cubic meters of «blue fuel» to China.
At the same time, he added that the commissioning of a gas compressor station at the Malay field in January 2021 allowed the uninterrupted supply of natural gas to China during the winter heating season.
According to him, in accordance with the Agreement between the State Concern «Turkmengas» and the CNPC corporation on production sharing on the contractual territory «Bagtyyarlyk», today industrial development of 29 gas fields is being carried out and «blue fuel» is being produced from 137 wells.
Huailong also added that on July 17, 2022, it will be 15 years since the signing of the Production Sharing Agreement for the Bagtyyarlyk contract area. In addition, CNPC is currently implementing a project to drill three wells in the Galkynysh gas field.
He also said that a new round of negotiations would begin in the near future, and maximum efforts would be made to achieve the main goal of expanding partnerships and enhancing trade in natural gas.
Assessing the current state of the Turkmen-Chinese cooperation in the oil and gas sector, the general director of the CNPC branch described this as «the beginning of a new era».
“Turkmenistan, possessing colossal reserves of natural gas, occupies a key place in the international energy system, and China is a promising market,” the general director of the CNPC branch said. “Therefore, the Turkmen-Chinese gas cooperation not only meets the interests of the two countries, but also plays an important role in ensuring sustainable development in all transit states.
Huailong also noted that in light of the growing trend towards low-carbon emissions around the world today and expectations of a significant increase in the share of natural gas in total energy consumption, Turkmenistan occupies a key place in the international energy system.
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Products of oil refineries were sold at the auction
Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The President of Turkmenistan and the Vice President of the UAE noted the active dynamics of cooperation in the energy, oil and gas and other spheres
The development of bilateral cooperation was discussed at a meeting on February 21 between the President of Turkmenistan Serdar Berdimuhamedov and the Vice President, Deputy Prime Minister, Minister of the Presidential Administration of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, who arrived in our country on a visit, TDH reports.
Dynamic development of national investments is carried out at the fields of Turkmenistan
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.