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Gas Production at Galkynysh Field Could Reach 200 Billion Cubic Meters per Year
At the international conference “Turkmenistan Oil and Gas – 2025” held in Ashgabat, prospects for the development of the Galkynysh field were presented. According to the data, full development of all planned stages could result in an annual gross gas production of nearly 200 billion cubic meters. This was reported by Irina Luryeva, Doctor of Technical Sciences and head of the Galkynysh field development laboratory at the Turkmengaz Scientific Research Institute of Natural Gas.
Currently, pilot industrial operation is underway at the first of seven planned development stages. There are 52 operational wells, 7 wells preparing for commissioning, and 8 wells actively being drilled. The average designed well output is 1.5 million cubic meters per day, while the reservoir’s potential allows sustaining output up to 3 million cubic meters per day.
In 2022, three wells were commissioned that can stably operate at a maximum output of 3 million cubic meters per day. According to forecasts made jointly with experts from GaffneyCline, the period of sustained gas production at each stage will exceed 30 years.
The phased development strategy involves gradual increases in production rates and optimal investment distribution. Plans include launching the second, third, and fourth development stages soon. As geological and field data accumulate, the geological-hydrodynamic model will be updated to assess production efficiency.
Special attention is paid to environmental aspects, including the utilization of acidic gases and CO₂. Options for injecting carbon dioxide into the reservoir’s aquifers and depleted neighboring deposits are being considered to reduce environmental impact.
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Turkmen–Chinese Business Forum 2026: Talwas Yoly and Oguz Forum & Expo Sign Cooperation Agreement with the Turkmen Logistics Association
Talwas Yoly Closed Joint-Stock Company and the Oguz Forum & Expo division have officially signed a cooperation agreement with the Turkmen Logistics Association as part of the preparations for the Turkmen–Chinese Business Forum and Exhibition, scheduled for April 28–30, 2026.
The signed agreement aims to strengthen cooperation in logistics, transport, export and import sectors, while also ensuring the effective organization of the upcoming international event. Talwas Yoly and Oguz Forum & Expo act as the official organizers of the forum and exhibition, overseeing the full implementation of the project, including the development of the business agenda, organization of the exhibition area, facilitation of B2B and B2G meetings, and coordination of business participation from Turkmenistan and the People’s Republic of China.
The forum is expected to become a major international platform for expanding trade and economic cooperation between Turkmenistan and China, establishing direct business contacts between specialized companies, and presenting Turkmenistan’s export and investment potential.
As part of the partnership with the Turkmen Logistics Association, special participation conditions have been introduced for its members. Association members will receive a 10% discount on participation in the Turkmen–Chinese Business Forum and Exhibition 2026. This initiative is designed to support national logistics companies, enhance their international visibility, and strengthen Turkmenistan’s role as a key regional transport and logistics hub.
The signed cooperation agreement highlights the strategic importance of the forum and reinforces its position as a catalyst for international business collaboration.
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