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Uzbekneftegaz, Petronas to prepare program for supplies of Turkmen oil to Uzbekistan
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The 26th International Conference Oil and Gas of Turkmenistan
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Petronas announces first oil at Garagol Deniz Oil Development Project – News Central Asia (nCa)
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KUALA LUMPUR (May 4): Petroliam Nasional Bhd (Petronas), which has confirmed that it is ready to start production from its Garagol Deniz West field in Block 1, the Turkmenistan area of the Caspian Sea, is expecting the first oil in the third quarter of 2021 (3Q21).
Petronas told theedgemarkets.com that the oil will then be supplied to the Gas Treatment Plant and Onshore Gas Terminal for export. Petronas is developing the Garagol Deniz West field as part of Block 1 oil and natural gas deposits under a production sharing contract signed with the government of Turkmenistan in 1996, the company added.
Last month, Energy Voice reported that the output from the field in Block 1 was expected to peak at 10,000 barrels per day of oil and 35 million cubic feet per day of gas.