Tajikistan

Tajikistan’s Gas Boom: Prosperity or Conflict?

hina’s vigorous quest to secure consistent gas supplies may help underwrite a natural gas-fuelled boom in Tajikistan, which so far has been Central Asia’s poorest and most energy-starved republic. A gas boom in Tajikistan will require astute financial and political management to minimize disruptions that sudden, large foreign investments and revenue inflows could cause. Dushanbe will also face foreign policy challenges from increased competition between Russia, which considers Tajikistan part of its Near Abroad, and China, which will likely become Tajikistan’s most important economic partner.
Tajikistan’s Bokhtar region – which at 35,000 square km is larger than the American state of Maryland – could hold as much as 114 trillion cubic feet of gas and 8.5 billion barrels of crude oil and/or condensate, according to Gustafson Associates.  As such, Tajikistan’s gas and oil reserve base could ultimately prove to be on par with that of the world-class offshore gas discoveries being made off East Africa. In March 2013, CNPC spent US$4.2 billion to purchase a 20 percent stake in Mozambique’s Area 4 from Eni of Italy. Area 4 could contain 75 trillion cubic feet of gas – enough to supply China’s annual consumption for 14 years, based on 2011 demand levels.  Yet in Tajikistan, CNPC could potentially access even larger reserves, with the added bonus that geographic and security constraints make them captive supplies for China’s large and growing natural gas market.

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An extrusion plant is being built in Tajikistan

There has been carried out the process of the creation of the enterprise Ofarin aluminium in the free economic zone “Sugd” (Tajikistan), which will produce aluminium profiles and engineering materials. A reconstruction of the production site and an installation of equipment is carried out at present.

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Chinese CNPC to search for and produce oil and gas in the south-west of Tajikistan

Tajikistan’s President Emomali Rahmon has met with the Chairman of the China Petrochemical Corporation (CNPC) Zhu Jinping during his official visit to China.
According to the press centre of the Tajikistan’s Head, during the meeting the parties discussed issues of closer cooperation in the oil and gas sector. It was noted that this company intended to actively participate in search, production and processing of oil and gas in the south-west of Tajikistan. The CNPC’s activity will be carried out with the Canadian company Tethys Petroleum and French Total.

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Transneft against free access to Russian pipelines for the CIS states

Transneft suggests to the Russian Government to refuse from participation in elaboration of the Agreement for transit by the CIS pipeline transport that was to provide to the CIS states equal rights to the transporting systems of Gazprom and Transneft. The corresponding letter signed by the Vice President of Transneft M. Barkov was sent to the Government.

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MMK-Metiz is about to approach the Tadjik market

OJSC “MMK-Metiz” is about to approach the market of Tajikistan.
As they stated to a reporter of “Novy Region” in the press-service of MMK, the negotiations on cooperation took place within the frame of the II International conference on inter-regional cooperation between Russia and Tajikistan in Dushanbe.

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Gazprom drills the deepest well in Central Asia at the Sarikamysh site in Tajikistan – 6 130 meters

During the prospecting and exploratory operations at the perspective Sarikamysh site in Western Tajikistan, Gazprom International (a single operator of Gazprom’s foreign projects in the search, exploration and development of hydrocarbon deposits) has drilled the deepest well in Central Asia – 6 130 meters. “During the drilling of the Shakhrinav-1 well with estimated depth of 6300 meters, the point of 6 130 meters was reached that is a new absolute record in the oil and gas drilling history in Central Asia,” – the company’s official site repots.

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Tethys Petroleum to invest $24.4 million into development of deposit in Uzbekistan

Tethys Petroleum will invest $24.4 million into the development of Chegara deposit in the Kashkadarya region in the south of Uzbekistan by 2016.
The project is included in the investment project-2013 and following periods; it is aimed at the increase of oil production at the contracted area.
Tethys Petroleum Limited carries out exploration and development of oil and gas deposits in Central Asia, and now it works in Kazakhstan, Tajikistan and Uzbekistan.

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Notice to all Customers.Rusmininfo launches new features and enhancements to its news service

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First Tajik oil-processing plant to start to work in the end of March

The construction of the first oil-processing plant Capital is being completed; it is planned to be launched in the end of March, the press centre of the Ministry of Energy and Industry reported today.
The private plant Capital plans to process 50 thousand tons of oil per year at the first stage. After the completion of construction works and complete mounting of technological equipment, the plant’s capacity will make up 100 thousand tons of oil per year, the Xinhua reports.

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