The fourth phase of commercial development of the ‘Galkynysh’ gas field has been launched in Turkmenistan. The ceremony was attended by the National Leader of the Turkmen people and Chairman of the Halk Maslahaty of Turkmenistan, Gurbanguly Berdimuhamedov. This was reported by the website AsmanNews.

Hero Arkadag noted that the project is of key importance for the development of the country’s gas industry. Turkmenistan continues to put forward initiatives aimed at ensuring stable supplies of natural gas and developing international trade. A course towards environmentally-oriented energy has also been outlined.

It was emphasised that the country’s resources are utilised both in the interests of Turkmenistan and for external partners, which strengthens the economy and contributes to the growth of the population’s well-being. Cooperation with the People’s Republic of China was highlighted in particular. China was one of the first countries to establish diplomatic relations with Turkmenistan. During a recent visit, new agreements were reached, including on the fourth phase of the ‘Galkynysh’ development.

The new phase involves the construction of facilities to process 10 billion cubic metres of gas per year, as well as the relevant wells. The general contractor is the China National Petroleum Corporation, commissioned by the State Concern ‘Türkmengaz’. The project covers the full cycle of work – from drilling to the construction of infrastructure and social facilities. Upon completion, 1,041 jobs will be created.

It is expected that the launch of the new facilities will increase gas exports and have a positive impact on the country’s economic development and the standard of living of the population.

In conclusion, the Hero Arkadag congratulated those present at the ceremony on the start of the new phase of development of the ‘Galkynysh’ field.