Chen Huailong the General Director of the National Petroleum Corporation of China (CNPC) appreciated the state of Turkmen-China gas and oil cooperation as “the beginning of new era”. He spoke about that during his speech in meeting, held by the President of Tukmenistan in Lebap velayat, announced news program of Turkmen television “Watan”.
As a confirmation of this, the head of the CNPC branch, who has been working in Turkmenistan since 2003, leaded the following facts:
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. Moreover, only in 2021, Turkmenistan sent about 34 billion cubic meters of "blue fuel" to China.
The commissioning of a gas compressor station at the “Malay” field in January last year allowed the uninterrupted supply of natural gas to China during the winter heating season.
In accordance with the Agreement between the State Concern “Turkmengas” and CNPC corporation on production sharing in the “Bagtyyarlyk” contract area, the industrial development of 29 gas fields and the production of "blue fuel" from 137 wells are being carried out today.
At present time, a project is being implemented to drill three wells in the “Galkynysh” gas field.
Turkmenistan, having colossal natural gas reserves, occupies a key place in the international energy system, and China is a perspective market. That is why, 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, noted the general director of the CNPC branch.
It should be noted that, the Turkmen-Chinese partnership in the oil and gas sector is one of the strategic directions of fruitful multifaceted cooperation between the two countries, celebrating 30th anniversary on January 6, 2022, since the establishment of the diplomatic relations.