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Ashgabat offers Uzbekistan, Tajikistan partnership in gas sector – Turkmen Foreign Ministry

DOWNSTREAM CENTRAL ASIA AND CASPIAN

Ashgabat offers Uzbekistan, Tajikistan partnership in gas sector – Turkmen Foreign Ministry

Turkmenistan has proposed a strategic partnership in the gas industry to Uzbekistan and Tajikistan, as Ashgabat attaches great importance to cooperation in this field, Turkmen Foreign Minister Rashid Meredov said.

Source: Interfax

Turkmenistan has huge natural gas resources, and the diversification of gas exports while maintaining the balance between the interests of the producer, the transit state and the energy consumer are fundamental principles for us when it comes to international energy projects. It is in this context in particular that the Turkmen side has today proposed considering the prospect of a strategic partnership in the gas industry between Turkmenistan, Uzbekistan and Tajikistan.

Turkmen Foreign Minister Rashid Meredov

In accordance with Turkmenistan's long-term national socioeconomic development programs, largescale works are now being carried out at Turkmen President Serdar Bedimuhamedov's instructions to develop stages 3 and 4 of the Galkynysh natural gas field, the largest in the world with reserves of 27.4 trillion cubic meters of gas, he said.

In this regard, Turkmenistan is planning to increase natural gas production additionally by at least 60 bcm in the coming years. This will give us an opportunity to fully meet growing domestic need for natural gas and to boost volumes of Turkmen natural gas shipments abroad. At the same time, Turkmen gas shipments to our closest neighbors, Uzbekistan and Tajikistan, will be the absolute priority.

Turkmen Foreign Minister Rashid Meredov

As was said earlier in a June report titled "Statistical Review of World Energy" issued by the Energy Institute, Turkmenistan produced 78.3 bcm of gas in 2022 and exported 40.7 bcm. Out of this amount, 32.9 bcm of gas went to China, 4.7 bcm to Russia, 0.3 bcm to Kazakhstan, and 2.8 bcm to other CIS member countries.

Currently, the Turkmenistan-Afghanistan-Pakistan-India gas pipeline, which has a capacity of 33 bcm per year, is under construction. Ashgabat is considering exporting gas to the EU market via the Trans-Caspian Pipeline in the future. The pipeline's capacity is estimated at about 10-30 bcm per year.

Galkynysh is currently passing through the first stage of its development, producing 30 bcm annually. This gas is being sent to the domestic market and to China, using the three branches of the Turkmenistan-Uzbekistan-Kazakhstan-China gas pipeline.

Talks are now underway on launching the second stage of the Galkynysh field's development, with an estimated production of 30 bcm, of which 25 bcm will be shipped to China via the fourth branch of the gas pipeline, which is yet to be built and which will connect Turkmenistan and China via Uzbekistan, Tajikistan and Kyrgyzstan.

According to existing plans, the third stage of the Galkynysh field's development involves providing up to 33 bcm of gas to be transported via the Turkmenistan-Pakistan-Afghanistan-India gas pipeline, which is currently under construction.

The fourth stage at Galkynysh could involve gas being supplied via the Trans-Caspian Pipeline, the design of which is only being discussed for the time being.

Destinations for the natural gas that will be produced once stages 5-7 are completed at Galkynysh remain unknown. Production at Galkynysh is projected to increase by 30 bcm with the completion of every new stage.

Turkmen gas industry leaders believe that upon completion of the seventh stage, the Galkynysh project's annual production capacity will reach approximately 200 bcm.

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