Development constraints limit Turkmen gas export options

04/26/2010
Constraints in project financing and technical capabilities in developing its gas fields, as well as a lack of adequate gas infrastructure, will limit gas export availability from Turkmenistan for new potential customers such as Europe for the next 5 to 10 years as the country instead focuses on boosting exports to existing customers such as China and Iran.Turkmenistan holds the world's fourth largest natural gas reserves, after Russia, Iran, and Qatar. The country's gas reserves increased most recently after discovery of supergiant South Yolotan field in 2006. Turkmenistan's natural gas reserves currently measure roughly 265 tcf (OGJ, Dec. 21, 2009, p. 18).Turkmenistan's large reserves g...
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