China:China's CNPC finds gas in Turkmenistan
Write:
Germaine [2011-05-20]
China s state owned China National Petroleum Corp (CNPC) on Tuesday announced fresh discoveries of gas in Turkmenistan s Amu Darya River basin.
According to CNPC, it had struck a steady flow of 1.439 million cubic metres of gas and 36.2 cubic metres of condensate oil from exploration well Oja-21 in block B on September 21.
A series of tests showed the region contained rich gas resources with potential geological reserves of more than 100 billion cubic metres that could become a highly productive field.
CNPC planned to send 3 bcm of gas to China this year from the Amu Darya natural gas project, operated by CNPC under a production-sharing agreement with Turkmenistan.
Late last year, China and central Asian countries opened their first cross-border natural gas pipeline, which should be able to pump up to 40 bcm of gas per year to China by 2012-13.
The pipeline runs nearly 2,000 km through Turkmenistan, Uzbekistan and Kazakhstan before entering Chinese territory in the northwestern Xinjiang region.