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CNPC in Turkmenistan


CNPC has been operating in Turkmenistan since
2002 and now has oil and gas assets and equity in the country, while also providing oilfield services.




 
Oil and Gas Operations
Oilfields Services, Engineering and ConstructionMajor Events 
 Amu Darya Natural Gas Project

On July 17, 2007, CNPC signed a production sharing agreement to explore and develop gas fields on the right bank of the Amu Darya River, and a natural gas sale-and-purchase agreement with the Turkmen State Agency for Management and Use of Hydrocarbon Resources and Turkmengaz respectively. According to the agreements, Turkmenistan will export 30 billion cubic meters of natural gas to China annually for 30 years. In August 2007, the Amu Darya project was launched on the issuing of the exploration and development license by President Gurbanguly Berdymukhammedov.

In August 2008, CNPC and Turkmengazi State Concern signed a technical agreement on the Natural Gas Purchase and Sales and Technical Agreements to extend their cooperation in the gas exploration and development project on the Amu Darya River. Consisting of Block A and B, the project is located in Bagtyiarlyk contract area on the Right Bank of Amu Darya River in Turkmenistan.

In December 2009, the No.1 Gas Processing Plant of the Amu Darya natural gas project became operational, with a processing capacity of 5 billion cubic meters.

Gumdak Oilfield

Gumdak Oilfield lies in western Turkmenistan. In January 2002, CNPC signed an EOR contract for the field with Turkmenneft and acquired a 100% stake for five years. After CNPC took over the oilfield, an in-depth geological research and development effect appraisal was conducted to draw up corresponding stimulation programs and countermeasures, resulting in an increase in crude production in less than half a year.
 
 Related News
Li Xinhua leads CNPC delegation to attend Turkmenistan Independence Day celebration
 Yang Jiechi visits CNPC Amu Darya River Natural Gas Corporation
 
CNPC and Turkmengaz State Concern sign framework agreement on expanding natural gas cooperation
 
  
 
  
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