The Galkynysh Gas Field, formerly known as Iolotan gas field or South Yolotan – Osman field, is a large natural gas field near

Ýolöten Ýolöten (, ) is a city and capital of Ýolöten District, Mary Province, Turkmenistan. The city is located in the delta of the Murghab River, 55 kilometers southeast of Mary. It was granted the status of a city in 1939. Etymology Atanyyazow ...

Mary Province Mary Region () is one of five regions of Turkmenistan, provinces in Turkmenistan. It is located in the south-east of the country, bordering Afghanistan. Its capital is the city of Mary, Turkmenistan, Mary. Its area is and population 1,613,386 (2 ...

Turkmenistan Turkmenistan is a landlocked country in Central Asia bordered by Kazakhstan to the northwest, Uzbekistan to the north, east and northeast, Afghanistan to the southeast, Iran to the south and southwest and the Caspian Sea to the west. Ash ...

. It is the world's second-largest

gas field A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presenc ...

History

The discovery of the gas field was announced on 2 November 2006. Late Turkmen president

Saparmurat Niyazov Saparmurat Atayevich Niyazov (19 February 1940 – 21 December 2006) was a Turkmenistani politician who led Turkmenistan from 1985 until his death in 2006. He was the Secretary (title), first secretary of the Communist Party of Turkmenist ...

invited

Chinese Chinese may refer to: * Something related to China * Chinese people, people identified with China, through nationality, citizenship, and/or ethnicity **Han Chinese, East Asian ethnic group native to China. **'' Zhonghua minzu'', the supra-ethnic ...

CNPC The China National Petroleum Corporation (CNPC) () is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth ...

and Turkish Çalik Enerji to participate in the exploration and development of the Ýolöten field. In 2008, the gas field was audited by

Gaffney, Cline & Associates GaffneyCline is a global consultancy in the energy sector, providing techno-commercial advice to clients that include energy producers, financial institutions, governments, etc. GaffneyCline is an independent wholly-owned subsidiary of Baker Hugh ...

. According to Gaffney, Cline and Associates (GCA), Galkynysh is five times larger than the

Dauletabad gas field The Dauletabad Gas Field (also Döwletabat, Dauletabad-Donmez, and until 1991 known as Sovietabad) is a large natural gas field located in Mary, Mary province, Turkmenistan. It is located in the vicinity of the Turkmenistan–Iran border, and is na ...

and fourth- or fifth- largest gas field in the world. In December 2009, the contracts to develop the field were awarded to CNPC,

Hyundai Engineering Hyundai Engineering Co., Ltd. or HEC is a company established in 1974. As a global engineering solutions firm that plays a leading role in the areas of plants, architecture, infrastructure and asset management, Hyundai Engineering is expanding ...

and

Petrofac Petrofac Limited is a British international energy services company that designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure, and trains the people who support them. It operates in a range ...

. In November 2011, the field was renamed as Galkynysh. Production started in September 2013.

Description

The gas field ranks among the world's five largest with estimated reserves of between of natural gas and proven commercial reserves of . It lies on zone of in length and in width in the depth of . Galkynysh consist of Iolotan, Minara, Osman and Yashlar fields. Other nearby gas areas are Gunorta Garakel, Garakel, Giurgiu, Gazanly, Gundogar Eloten and Gunbatar Yandakly. Oil reserves are 300 million tons. The crude oil extracted at Galkynysh is transported to the

Seýdi Seýdi, formerly Neftezavodsk, is a city in eastern Turkmenistan. Etymology Neftezavodsk derives from two Russian words — neft (нефть; oil) and zavod (завод; factory). History The city was founded in 1973 with construction of the o ...

Oil Refinery.

Development

The field is developed by

Türkmengaz Türkmengaz is the national gas company of Turkmenistan. It was established by a presidential decree reorganising parts of the former Ministry of Oil and Gas in July 1996. From January to November 2020, Türkmengaz had US$4.13bn in revenue. It is ...

. CNPC,

and

built gas processing plants.

References

{{DEFAULTSORT:Galkynysh Gas Field Natural gas fields in Turkmenistan Energy in Central Asia