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Thursday, February 26, 2009

Itera eyes Turkmenistan pipe

02-24-2009 - Upstream OnLine - Russian gas producer Itera will build a pipeline in Turkmenistan to link its prospective gas fields to export routes, a government source said today. Turkmenistan, Central Asia's largest gas producer, sells most of its gas to Russia's Gazprom, but is also building a new link to China and considering other options. "State company Turkmengaz will finance the project, which costs $176.7 million," the source said. The planned domestic pipeline will connect planned gas fields in the Karakum desert, which could hold up to 2 billion cubic metres of gas according to earlier official estimates, to a station pumping gas into the main export pipeline to Russia.

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