Bagtyýarlyk is a large contractual
PSA territory consisting of several
natural gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...
fields located in
Lebap Province
Lebap Region () is one of the regions of Turkmenistan. It is in the northeast of the country, bordering Afghanistan, Uzbekistan along the Amu Darya. Its administrative centre is Türkmenabat (formerly named Çärjew). It has an area of 93,727 s ...
of
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 literally means ''
happiness
Happiness is a complex and multifaceted emotion that encompasses a range of positive feelings, from contentment to intense joy. It is often associated with positive life experiences, such as achieving goals, spending time with loved ones, ...
'' in
Turkmen language
Turkmen (, , , or , , , ) is a Turkic language of the Oghuz branch spoken by the Turkmens of Central Asia. It has an estimated 4.7 million native speakers in Turkmenistan (where it is the official language), and a further 359,000 speakers i ...
. Bagtyyarlyk constitutes the bigger part of the gas rich
Sagkenar (right bank of the
Amu Darya River
The Amu Darya ( ),() also shortened to Amu and historically known as the Oxus ( ), is a major river in Central Asia, which flows through Tajikistan, Turkmenistan, Uzbekistan, and Afghanistan. Rising in the Pamir Mountains, north of the Hindu Ku ...
) area and includes
Saman- Depe and
Altyn Asyr fields.
[
]
History
The 30 year production sharing agreement for exploration and production of Bagtyyarlyk territory was signed in July 2007 between the Turkmen Presidential State Agency for Supervising the Use of Oil and Gas Resources and the
China National Petroleum Corporation
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, Dongcheng District, Beij ...
(CNPC) in
Beijing
Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...
,
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
.
[ An annual production of 17 billion cubic meters of gas from new fields in Bagtyyarlyk along with 13 billion cubic meters coming from Saman-Depe and Altyn Asyr fields will fill Turkmenistan-China gas pipeline which was inaugurated in December 2009.][ Total estimated investment in Bagtyyarlyk by CNPC is approximately $1.5 billion.][
]
Reservoir
Gas reserves in Bagtyyarlyk are estimated at 1.3 trillion cubic meters (cm) of natural gas.[
]
See also
* Central Asia – China gas pipeline
* Saman-Depe Gas Field
*Ýolöten Gas Field
The Galkynysh Gas Field, formerly known as Iolotan gas field or South Yolotan – Osman field, is a large natural gas field near Ýolöten in Mary Province of Turkmenistan. It is the world's second-largest Natural gas field, gas field.
History
...
*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 ...
References
{{DEFAULTSORT:Bagtyyarlyk
Natural gas fields in Turkmenistan
Central Asia