Gas - long term assessment

The Energy Information Agency (EIA) has made a long term assessment of the exploration and extraction of natural gas in Central Asia. According to the prognosis by 2035, 234 billion cubic meters of natural gas will be extracted in Central Asia annually. Just to compare – in 2007, 174 billion cubic meters of gas was extracted. The EIA survey believes a large growth in gas extraction is expected in Turkmenistan. Gas reserves confirmed in Turkmenistan in 2010 are 7.6 trillion cubic meters. The report also predicts an increase in gas production in Azerbaijan. According to other data, provided by BP, the natural gas reserves in Azerbaijan for the beginning of 2010 were 1.31 trillion cubic meters. BP estimates that when the Shah Deniz second stage is operational, it could produce 25 billion cubic meters annually.