China secures key Turkmen gas role

摘要

China’s state-owned CNPC is to take a leading role in developing Turkmenistan’s 21 trillion m3 Galkynysh gas field — dealing a blow to western majors that had been hoping to participate. CNPC has secured an engineering, procurement and construction contract for Galkynysh’s second phase, from which output is due to peak at 30bn m3/yr by the end of 2018