The Galkynysh Gas Field Project is a massive natural gas extraction and processing mega-development in the Mary Province of Turkmenistan. The majority of the output is heavily tied to exports to China. The expansion projects aim to continually boost delivery volumes via the Central Asia-China Gas Pipeline. The field serves as the primary supply source for the 1,814 km Turkmenistan–Afghanistan–Pakistan–India (TAPI) pipeline, which is steadily expanding its southbound infrastructure. The massive project was divided into four phases. Phase 1 is operational, phase 4 is under construction, while the other phases are still facing delays for various reasons.
Finance
$8200000000 loan
China Development Bank
Development bank
$240000000 loan
Korea Finance Corporation
Bank
$51000000000 investment
Government of Turkmenistan
Government
Operators
Turkmengaz
Company
Contractors
China National Petroleum Corporation
Company
China Petroleum Engineering and Construction Corporation