At the International Forum on Attracting Foreign Investments to Turkmenistan’s Economy (TEIF 2025), Li Xiangbo, Deputy General Director of Overseas Companies at Zoomlion Heavy Industry Science and Technology Company Limited, emphasized Turkmenistan’s importance as a strategic partner in the company’s global strategy and Zoomlion’s contribution to the development of the country’s key energy projects. Founded […]
Galkynysh Gas Field Surges: New Well Yields 2 Million Cubic Meters Daily
Turkmenistan’s Galkynysh gas field has achieved a significant milestone with the successful completion of well No. 285. Drilling to a depth of 4,452 meters resulted in a stable natural gas inflow of 2 million cubic meters per day from formations at 4,412-4,136 meters. To date, the operational fund of the field is 52 wells, and […]
Turkmenistan’s oil and gas sector: achievements in 2024
In 2024, the oil and gas complex of Turkmenistan demonstrated significant success, thanks to a consistent energy policy aimed at the comprehensive development and integration of the industry into the international energy system. Large-scale investment projects are not only of great economic importance, but also play a key role in maintaining regional and global energy […]
Irina Luryeva: A Woman Leader in Turkmen Gas Development
The dynamic growth of Turkmenistan’s oil and gas sector, particularly the development of the globally significant Galkynysh gas field, necessitates continuous innovation. At the forefront of this advancement is Dr. Irina Luryeva, a distinguished scientist leading the “Development of the Galkynysh Gas Field and International Gas Pipelines” laboratory at the Scientific Research Institute of Natural […]
The new gas inflow at the Galkynysh field confirms the resource potential of Turkmenistan
A new industrial inflow of natural gas has been obtained at production well No. 265 of the Galkynysh field, the state news agency of Turkmenistan TDH reports. Drilling operations were carried out at depths up to 4485 meters, as a result of which several productive horizons were discovered in formations of 4417-4281 meters. The well […]
OGT 2024: Galkynysh field is one of the largest gas reserves in the world
This is a field with reserves of more than 20 trillion cubic meters of gas (or more than 500 trillion cubic feet) and a productive horizon stratum of over 600 meters is truly phenomenal — this is how Steven Travers, Director of the British auditing and consulting company GaffneyCline, described the Turkmen Galkynysh deposit. Irina […]
OGT 2024: Turkmenistan’s energy policy is based on Multi-vector Approach and Neutrality – Turkmengaz outlines a range of projects for international investors
Turkmenistan’s unwavering commitment to political and economic stability, underpinned by a robust legal framework that adheres to international principles, has firmly established the country as a reliable and attractive partner for energy cooperation and investment. This was emphasized by Maksat Babayev, Minister of State and Chairman of Turkmengaz State Concern, during his address at the […]
New Powerful Gas Flow Found at Galkynysh Giant in Turkmenistan
The Galkynysh gas field in Turkmenistan, a world leader in natural gas reserves, has seen a significant discovery – a new industrially viable flow of natural gas. The State Concern Turkmengaz’s drilling department successfully reached a depth of 4461 meters during the recent operations. This new gas flow originates from reservoirs between 4461 and 4350 […]
Hyundai Engineering Inks Gas Project Agreements with Turkmenistan
On 10 June 2024, Hyundai Engineering, a Korean company, signed two agreements with Turkmenistan regarding the implementation of major gas industry infrastructure projects. The deals became a part of agreement package, signed following the summit talks between Presidents of Korea and Turkmenistan in Ashgabat. These agreements include: Cooperation Agreement between the State Concern […]
Energy, transport and shipbuilding – Turkmenistan and South Korea discuss key areas of partnership
On 27 March 2024, Gurbanguly Berdimuhamedov, National leader of Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan, met with South Korean business leaders in Ashgabat, TDH reports. The discussions focused on the current state and promising avenues for expanding bilateral cooperation. Hyundai Engineering Co., Ltd. President and CEO Hong Hyong Song opened the meeting […]
Turkmenistan and UAE Forge Energy Partnership: Galkynysh Field Development, Construction of Gas Transport Infrastructure and Methane Emissions Reduction
Turkmenistan invites investors from the UAE to develop the third stage of one of the world’s largest gas fields Galkynysh, as well as projects to create a gas transportation infrastructure for the supply of Turkmen gas to foreign markets. The relevant agreements were fixed in memoranda, inked during the two-day visit of the National Leader […]
Galkynysh field – abundant opportunities for Turkmenistan’s international partnership
The Galkynysh field, which brings Turkmenistan into the ranks of the nations – largest possessors of hydrocarbon resources, opens up wide opportunities for investment cooperation. Several speakers on the first day of the International Forum on Attracting Foreign Investments in the Energy Sector of Turkmenistan, underway held these days in Dubai, shared on upgraded geological […]
Hyundai Engineering is the Bronze partner of the International Forum to attract foreign investments in Turkmenistan’s oil and gas sector
Hyundai Engineering is the Bronze partner of the International Forum to attract foreign investments in Turkmenistan’s oil and gas sector, which will be held on April 26-27, 2023 at the Hyatt Regency Hotel, Dubai, UAE. Hyundai Engineering was established in 1974 and has grown into a global engineering company, continuing to provide engineering solutions in […]
Turkmenistan offers open opportunities for investment in Galkynysh field and Caspian offshore sector
Turkmenistan has announced that all investment proposals are welcome for the development of the second and third stage of the Galkynysh gas field and the Caspian offshore sector. The remarks were made at the Dubai forum on 26 April 2023 by the DPM of Turkmenistan for the oil and gas sector, Ashyrguly Begliyev. He was […]
President of Turkmenistan visits Galkynysh gas field
President Serdar Berdimuhamedov of Turkmenistan made a working visit on 19 January 2023 to the Galkynysh gas field in the Mary province. This is the second largest gas field in the world with active production of gas, both for the domestic consumption and export. At the field, the head of the state concern Turkmengaz, Batyr […]
Exploitation well commissioned at the Galkynysh field
An operational well has been successfully completed and put into production at the Galkynysh gas field, which is one of the world’s leading gas reserves, the newspaper of the oil and gas sector of Turkmenistan “Nebit-Gas” reports. As known, CNPC is now developing three new, particularly complicated producing wells at the Galkynysh field. The new […]
OGT-2022: Giant Galkynysh Field can be developed for 100 years
The Galkynysh deposit ranks second in the world in terms of the largest natural reserves on land. Irina Luryeva, head of the laboratory of the Natural Gas Research Institute under the State Concern Turkmengaz, told about the giant hydrocarbon storehouse in her report. The reserves of the Galkynysh field (including the Yashlar and Garakel fields) […]
Galkynysh gas field showed output growth in H1 2022
The giant Galkynysh gas field produced 17.56 billion cubic meters in the first half of 2022, a 5.8% increase year-on-year, the Neutral Turkmenistan newspaper reports. The reserves of the Galkynysh field, which is located in the Mary province, are estimated at 27.4 trillion cubic meters of hydrocarbons. There are gas preparation and desulfurization plants, complete […]
New gas facility commissioned in Turkmenistan under the energy partnership with China
A new gas collection station has been commissioned in the Lebap province on Saturday (18 Jun) in a ceremony led by President Serdar Berdimuhamedov. US$ 280 million dollars-worth project of Gadyn gas-collecting station, located in Farab district, was realized jointly with the Chinese company CNPC. The facility is designed to collect 5.5 mln cu m […]
Turkmenistan gears to bolster energy security in Eurasia – Berdimuhamedov visits Galkynysh and Malay gas fields
Tariq Saeedi Responding to volatility in the global energy markets, particularly in the Eurasian continent, Turkmenistan has started the year 2022 with focus on further development of its enormous hydrocarbon resources. The purpose is to help bolster energy security of Asia and Europe. President Berdimuhamedov visited on 3 January 2022 the Galkynysh gas field in […]
President of Turkmenistan launches construction of three new wells at Galkynysh gas field
Today, on August 23, with the participation of President of Turkmenistan Gurbanguly Berdimuhamedov, a solemn ceremony was held to mark the start of construction of new gas wells at the world’s largest gas field Galkynysh in the Iolotan etrap of Mary velayat. In July 2021, the President of Turkmenistan signed a Resolution, according to which […]
Games torch lights up, starts moving toward Olympic Village
Ashgabat, 8 September 2017 (nCa) — In a ceremony held Thursday simultaneously at the Galkynysh gas field in Mary and the Olympic Village Ashgabat, the torch of Ashgabat 2017 was lighted up and started its majestic movement toward Ashgabat. At Galkynysh, the second largest natural gas field in the world, the Games torch came to […]