Thursday 26 May 2011

Auditor: Turkmen gas field is world's 2nd largest - Maktoob News

The isolated former Soviet nation of Turkmenistan is likely sitting on top of the world's second-largest gas field, British energy auditor Gaffney, Cline & Associates said Wednesday.

Peter Holding, the company's senior manager for Russia and the Caspian region, told an energy conference at a seaside resort in Turkmenistan that the vast South Yolotan field covers an area of about 3,000 square kilometers (1,160 square miles) — bigger than the country of Luxembourg.

"The South Yolotan field is so big that it can sustain several developments in parallel," Holding said. "We now need to concentrate on producing and delivering results."

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