Turkmenistan is operating to diversify its natural gas supplies to the world markets as being one of the most important priorities of the energy policy of the country, President Gurbanguly Berdimuhamedov told the participants at the fourth International Gas Congress which opened in Ashgabat on May 21.
According to the Turkmen leader, the holding of the congress in Ashgabat must demonstrate Turkmenistan's concrete actions to develop the domestic energy sector in line with the policy implemented in the oil and gas industry, as well as active integration into the global energy system.
The large investments stipulate the high pace of large scale operations on the recognised world's largest natural gas field of Galkynysh.
The economic potential of the country's energy sector will significantly increase after the first stage ofGalkynysh is commissioned in the near future, the Turkmen president said.
The president said that Turkmenistan took the leading position in gas volumes in the world. One of the main tasks of the oil and gas complex is the efficient use and processing of natural gas and the production of high quality liquefied gas and polymers are in great demand in the world markets.
Turkmenistan creates favourable conditions to the suppliers of fuel and raw materials and consumers to create a multi-vector system of pipelines and conclude new contracts for the stable, reliable and long term delivery of energy resources to the world markets, the president said.
According to the energy strategy, Turkmenistan is operating much to prepare the new options of natural gas exports.
The meetings of the ministers participating in the implementation of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline construction project significantly increased the pace of the work in this direction. The meetings were held within the third International Gas Congress in 2012. Regular meetings of the technical working groups of member states testify to this factor.
The East-West gas pipeline being built rapidly in the country, will bring together all the major gas fields in Turkmenistan under a single system, as well as create conditions for the export of Turkmen fuel to the world markets in any direction, the president said.
Turkmenistan is one of the key players in the energy market of the Caspian region and Central Asia. According to the oil and gas industry development programme it is planned to increase the annual production of gas up to 250 billion cubic meters, mainly for export, in 2030.
In 2013, Turkmenistan plans to commission the Galkynysh largest field and initially extract 30 billion cubic meters of tank gas per year.
Source of information AZERNEWS