Tajikistan said to have ‘super-giant’ oil, gas reserves

DUSHANBE – Tajikistan might have oil and gas reserves “significantly greater than the estimated remaining reserves and unrisked resources in the UK North Sea,” Tethys Petroleum CEO Dr. David Robson said in a July 19 company statement that called the reserves’ potential “super-giant.”

A survey by Gustavson Associates found that Tethys’ 35,000-sq-km assets in Tajikistan have “estimated gross unrisked mean recoverable resources” of 27.5 billion barrels of oil equivalent. The potential reserves include 114 trillion cu ft of gas and 8.5 billion barrels of oil and condensate.

“The resources estimates contained or referred to are estimates only,” Tethys said, adding it would release seismic data at the end of 2012.

Tethys, a British firm, has been exploring the Bokhtar Production Sharing Contract Area in southwest Tajikistan since 2008.