Bokhtar Oil and Gas Field Development

Bokhtar, South-West Tajikistan
Total cost:
$ 80 mln
Chinese partner:
Tajikistani partner:
Ministry of Energy and Industry
Other partners:

Total Exploration & Development

Tethys Petroleum Limited 

Construction start:
Putting into commission:

Partners summary

China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. It integrates the business portfolios of both an oil company and an oilfield service provider, with operations covering the entire oil and gas industry value chain. Having oil and gas assets and interests in over 30 countries, CNPC plays a greater role in the global petroleum circle.

Total Exploration & Development is a subsidiary of Total, a french multinational integrated oil and gas company. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. 

Tethys Petroleum Limited is an oil and gas exploration and production company focused on Central Asia and the Caspian Region with projects in Kazakhstan and Georgia. Next to the Bokhtar project in which Thetys was active, they explored for gas in different parts of the country, one example being KOM201 near Dushanbe.

Tethys has operated in the country since 2008, signed a farm-out agreement and a production sharing agreement (PSA) with CNPC and Total in 2013, with each party taking a 33.33% share in the project. [1]

Description of the project

In 2013, CNPC, Total and Tethys signed an agreement to jointly develop Bokhtar oil and gas fields in Tajikistan. [2] Bokhtar covers a total area of approximately 35,000 km2 in the Tajik portion of the prolific Amu Darya basin west of the Pamir Mountains, with 3.2 trillion m3 of gas reserves. [3]

In October 2015, Tethys was in default of its obligations under the Joint Operating agreement, after it did not meet its financial obligations. [4] Since then, Tethys is not a partner in this project anymore.  

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