Turkmenistan Drilling Finds Commercial Field
State Turkmennebit has successfully completed an exploration well in a new gas find, Chekishlyar, in the Esenguly region. Another is planned, at a depth of 3,250 metres, the government said mid-April.
The report says that testing of wells in the range of 3,192-3,198 metres with an 8-mm choke produced a commercial flow of hydrocarbons: "The daily production rate of the well was 500,000m³/d of gas and 75 metric tons of gas condensate."
Turkmennebit deputy chairman Dovletdurdy Hajiyev told the state Nebit-Gaz newspaper that the high pressure readings in the well indicate a very large natural gas reserves in this field. He didn't give further information about the amount of probable reserves. But discoveries there and elsewhere – including Yylakly and the newly discovered Altyguy, Mydar and North Goturdepe fields – have made a significant contribution to the capacity for Turkmennebit and helped underpin the the state’s official gas and oil industry development programme for the next 15 years.
Turkmenistan eyes petchem projects
Turkmenistan could turn into a major exporter of chemical products, state Neutral Turkmenistan newspaper reported.
The newspaper writes that when completed, a new chemical complex, now being built in Kiyanly village, Balkan province of Turkmenistan, on the Caspian Sea coast, will accelerate that.
The plant will refine 5bn m3/yr of natural gas to produce 386,000 mt/yr of polyethylene and 81,000mt/yr of polypropylene. The project is implemented jointly with the consortium of Japanese Toyo and South Korean LG and Hyundai.
Total cost of construction is $3.4bn. The plant will be put into operation at the end of 2018.
Iran desk