President of Turkmenistan Gurbanguly Berdimuhamedov attended the ceremony of laying foundation of the complex of objects of the second turn of the industrial development of the Galkynysh deposit in Mary Velayat.
As is known, the Galkynysh deposit is a unique depositary of 'blue fuel' and oil. The results of independent audit carried out by the famous international consulting company became the world sensation.
The complex of facilities with the production capacity of 30 billion cubic metres of commercial-grade gas was built within the framework of the first stage of the industrial development of the Galkynysh deposit by the Turkmengaz State Concern jointly with foreign partners.
It should be noted that a number of Agreements signed within the framework of the top level talks last September laid the bias for the further development of the strategic partnership, including in the fuel and energy sector. Among them are the documents related to participation of the China State Development Bank and Chinese National Oil and Gas Corporation in the second turn of development of the Galkynysh gas deposit. In particular, a contract signed between the Turkmengaz State Concern and CNPC envisages design and construction of the complex of objects on production of 30 billion cubic metres of commercial-grade gas per year at the deposit. Thus, the bulk volume of treated natural gas produced at the deposit will be 60 billion cubic metres.
Moreover, implementation of this grandiose project is important for construction of the Turkmenistan - Afghanistan - Pakistan - India (TAPI) gas pipeline, the main source of raw material for which will be the Galkynysh gas deposit.
The complex development of the Galkynysh gas deposit started in December, 2009. Last year, the Turkmengaz State Concern jointly with the large oil and gas companies of the People's Republic of China and the Republic of Korea successfully completed the first stage of works on development of this depository of 'blue fuel'. As a result, a new modern complex of objects that will produce high-quality commercial-grade gas was built and put into operation there. US$ 8,100 billion were invested into the project within the framework of the first stage of the industrial development of the deposit.
In the framework of the second turn of industrial works at the Galkynysh deposit, it is planned to drill 70 wells, with the production rate of most of them of two million cubic metres of gas per day, build two head facilities for treatment and preparation of 15 billion cubic metres of commercial-grade gas each, gas pipeline from wells to gas-collecting points, six gas-collecting points with the capacity of five billion of cubic metres of raw gas per year, lay several technological lines to dry and process natural gas, produce 235,000 tons of commercial condensate, manufacture and package two million tons of sulfur.
Moreover, a number of auxiliary facilities, central control panel, administrative complex, gas turbine power plant, 440-kilometre export gas pipeline with two compressor stations and a capacity of 30 billion cubic meters per year will be also built there.
As is known, the Galkynysh deposit is a unique depositary of 'blue fuel' and oil. The results of independent audit carried out by the famous international consulting company became the world sensation.
The complex of facilities with the production capacity of 30 billion cubic metres of commercial-grade gas was built within the framework of the first stage of the industrial development of the Galkynysh deposit by the Turkmengaz State Concern jointly with foreign partners.
It should be noted that a number of Agreements signed within the framework of the top level talks last September laid the bias for the further development of the strategic partnership, including in the fuel and energy sector. Among them are the documents related to participation of the China State Development Bank and Chinese National Oil and Gas Corporation in the second turn of development of the Galkynysh gas deposit. In particular, a contract signed between the Turkmengaz State Concern and CNPC envisages design and construction of the complex of objects on production of 30 billion cubic metres of commercial-grade gas per year at the deposit. Thus, the bulk volume of treated natural gas produced at the deposit will be 60 billion cubic metres.
Moreover, implementation of this grandiose project is important for construction of the Turkmenistan - Afghanistan - Pakistan - India (TAPI) gas pipeline, the main source of raw material for which will be the Galkynysh gas deposit.
The complex development of the Galkynysh gas deposit started in December, 2009. Last year, the Turkmengaz State Concern jointly with the large oil and gas companies of the People's Republic of China and the Republic of Korea successfully completed the first stage of works on development of this depository of 'blue fuel'. As a result, a new modern complex of objects that will produce high-quality commercial-grade gas was built and put into operation there. US$ 8,100 billion were invested into the project within the framework of the first stage of the industrial development of the deposit.
In the framework of the second turn of industrial works at the Galkynysh deposit, it is planned to drill 70 wells, with the production rate of most of them of two million cubic metres of gas per day, build two head facilities for treatment and preparation of 15 billion cubic metres of commercial-grade gas each, gas pipeline from wells to gas-collecting points, six gas-collecting points with the capacity of five billion of cubic metres of raw gas per year, lay several technological lines to dry and process natural gas, produce 235,000 tons of commercial condensate, manufacture and package two million tons of sulfur.
Moreover, a number of auxiliary facilities, central control panel, administrative complex, gas turbine power plant, 440-kilometre export gas pipeline with two compressor stations and a capacity of 30 billion cubic meters per year will be also built there.