MARY, Turkmenistan, April 23. Turkmenistan
plans to construct a gas processing plant with a capacity of 10
billion cubic meters of marketable gas per year as part of the
fourth phase of development of the Galkynysh gas field, Aman
Khasietov, representative of Turkmengaz State Concern told
reporters during the official ceremony marking the launch of the
fourth phase of development at the Galkynysh gas field, Trend reports.
He said the project will be implemented in partnership with
Chinese partners and will also include the drilling of 30
production wells and the construction of a range of industrial,
infrastructure, and social facilities. The total investment is
estimated at around $5 billion.
He noted that the project will use technologies from leading
global manufacturers, ensuring a high-tech nature of the future
production complex.
According to Khasietov, construction is scheduled for completion
by 2030, after which deliveries of marketable gas to consumers will
begin. Export destinations, as noted, will depend on market demand,
including both domestic and external markets.
The Galkynysh gas field, located in eastern Turkmenistan, is one
of the largest in the world. Its reserves are estimated to range
between 27 trillion cubic meters of gas. The field was discovered
in 2006, and commercial production began in 2013 under the
management of Turkmengaz State Concern.
China National Petroleum Corporation gained access to the
development of the field in 2009 after securing relevant contracts,
becoming one of the key foreign partners in the project. The
company has participated in the construction of gas processing
facilities and infrastructure and was selected for the
implementation of this phase in 2025-2026, further strengthening
its position in Turkmenistan’s gas sector.
On March 2026, a contract has been signed between Turkmengaz
State Concern and the China National Petroleum Corporation (CNPC)
for the turnkey design and construction of the facilities for
development of fourth phase of the field. The project is expected
to enable annual production of up to 10 billion cubic meters of
gas, contributing to the expansion of Turkmenistan’s export
capacity.
Earlier, Turkmenistan’s Foreign Minister Rashid Meredov,
speaking at the Antalya Diplomacy Forum, emphasized that one of the
key priorities of the country’s energy agenda is the supply of
natural gas to Europe. “15-20 years ago we had very good
cooperation with our European colleagues, and we did a lot to
practically implement a number of ideas for delivering Turkmen
natural gas to Europe via the Caspian Sea,” he said.
In parallel, the editor-in-chief of the newspaper “Türkmen
Dünýäsi”, Batyr Muradov, told Trend
that Turkmenistan is considering the possibility of exporting
natural gas to Europe via Azerbaijan.
