Page 6 - AsiaElec Week 35 2022

AsiaElec GAS GENERATION AsiaElec

China wins contract to supply

Turkmenistan with oil and gas

well pipes

CHINA TURKMEN President Serdar Berdimuhamedov Turkmenistan is becoming more open to
has signed an order authorising Turkmennebit foreign investment, and initial cargo trains from
SOE to purchase 2,309 tonnes of drilling pipes China have already arrived in the remote country
of various sizes from China’s King Ease company, via Kazakhstan and Uzbekistan to connect with
Silk Road Briefing reported on August 29. a section of the multi-nation International North
The drilling pipes are to be used in overhaul- South Transport Corridor (INSTC) rail network
ing oil and gas wells. that runs to neighbouring Iran from where cargo
Turkmenistan ranks among the world’s lead- can be sent on to multiple destinations including
ing countries in terms of gas reserves. As a result India. Turkmenistan officially joined INSTC last
of the industrial development of newly discov- week. Its Turkmenbashi port will provide INSTC
ered gas fields, its gas reserves have officially cargo with Caspian sea routes, rivalling the offer
increased by 126bn cubic metres. The country of Baku port in Azerbaijan.
is prioritising the development of oil and gas Turkmennebit, the national oil company of
processing plants, as well as the export of energy Turkmenistan, operates oil fields in locations
resources to global markets. including Goturdepe, Barsa-gelmez, Nebitdag,
The contract represents a big win for China Korpeje, Gamyslyja, Celeken and Kemer, mainly
in a competitive field dominated by Russia, Silk in Balkan Province near the Caspian Sea.™
Road Briefing noted.

P6 www. NEWSBASE .com Week 35 31•August•2022