The confirmation of South Yolotan (Galkynysh) in Turkmenistan as one of the world’s largest natural gas fields has renewed interest in the Central Asian/Caspian region’s potential as a gas supplier. But reality has confounded many expectations. Apart from traditional export routes to Russia and Iran, the only new corridor opened up has been to China. My detailed survey of the region,published by the Oxford Institute for Energy Studies and downloadable here, focuses mainly on the four large gas producers (Turkmenistan, Uzbekistan, Kazakhstan and Azerbaijan).
Friday 14 December 2012
Tuesday 11 December 2012
Progress, and lack of it, by a multilateral initiative to cut down gas flaring - an oil industry practice that pours particularly large amounts of carbon dioxide into the atmosphere - is discussed in an article on Gas Flaring Reduction Progress, here. The article also mentions cold venting, which has an even worse greenhouse effect, since it releases pure methane (which has twenty-plus times more greenhouse effect per cubic metre than carbon dioxide).