Another gas well has been commissioned at the Galkynysh field
12:32 17.06.2025 2983
The State Concern “Turkmengas” is carrying out large-scale work on the phased development of the giant Galkynysh gas field. During the current stage of operation of this field, the “Turkmengazburawlayysh” Administration, commissioned by the “Marygazchykarysh” Administration, drilled well No. 264, which is more than four thousand meters deep.
As a result, a productive horizon was opened, located in the depth range between 3852 and 4011 meters, where a natural gas inflow with a daily flow rate of 2 million 240 thousand cubic meters was obtained.
According to experts, this gas well may play a significant role in strengthening the industrial potential of the country's fuel and energy complex in the future.
The reserves of the Galkynysh field exceed the size of gas deposits of all the fields currently being developed in Turkmenistan and allow it to be included in the top four most grandiose centers of "blue fuel" on the planet. In terms of total reserves, it is second only to "South Pars" (located on the territory of Iran and Qatar, reserves are 28 trillion cubic meters) and, in fact, is the second largest in the world.
The work carried out at the field is aimed at further development of the domestic fuel and energy complex, expansion of production capacities, strengthening the country's export potential.
This is also facilitated by the introduction of innovative technologies and advanced methods in the development of geological formations promising for hydrocarbon reserves, expansion of vectors of international cooperation in the fuel and energy sector, the formation of long-term and mutually beneficial relations with foreign partners.
Turkmen-Vietnamese business forum aims to realize the potential of bilateral cooperation
On June 29, the capital of Vietnam hosted a Turkmen-Vietnamese business forum aimed at developing new solutions and approaches to realizing the potential of bilateral cooperation and building up trade and economic relations between Turkmenistan and Vietnam. This is reported by the website of the Foreign Ministry of Turkmenistan.
Turkmen-American Business Forum Discusses Promising Areas of Mutually Beneficial Partnership
On December 16, the Turkmen-American Business Forum was held in the building of the Chamber of Commerce and Industry of Turkmenistan, during which issues of bilateral cooperation were discussed, and plans for the near future were outlined.
Raisi: Iran is ready to continue sending Turkmen gas in a swap to Azerbaijan
Iran is ready to continue sending Turkmen gas to Azerbaijan through its territory. Iranian President Ebrahim Raisi stated this on Wednesday at a meeting with President of Turkmenistan Serdar Berdimuhamedov, the Iranian news agency IRNA reported.
Turkmenistan and Japan discussed expansion of economic cooperation
On December 16, the joint fifteenth meeting of the Turkmen-Japanese and Japanese-Turkmen Committees on Economic Cooperation was held in Ashgabat at the Yildiz Hotel.
Oil prices fall and end the week in the red, Brent - $108.84 per barrel
Oil prices fall on Friday, ending the week with a decline amid fresh signals that the US economy is slowing down and demand for energy resources may decline, Interfax reports.