Turkmenistan is inviting international investors to participate in new stages of development of the country's largest gas field Galkynysh, as announced on Wednesday State Minister of Turkmenistan – Chairman of State Concern Türkmengaz during the Turkmenistan Economic Investment Forum (TEIF 2025) in Kuala Lumpur.

Investment opportunities include enhancing production at mature fields, building a 5 billion cubic meter underground gas storage facility, and engaging in large-scale industrial projects through EPC contracts.

The head of Turkmengaz emphasized Turkmenistan’s energy strategy is built on openness, diversification, and technological innovation, supported by legal guarantees for long-term investment protection.

Turkmenistan, home to the world’s fourth-largest proven natural gas reserves and the largest onshore gas field, Galkynysh, is poised to play a vital role in the global energy transition, according to Turkmengaz Chairman Maksat Babayev.

The Galkynysh field, together with the adjacent Yashlar and Garakel fields, holds an estimated 27 trillion cubic meters of natural gas. The first phase of development is already operational with an annual capacity of 30 billion cubic meters.

Turkmen gas is exported to Uzbekistan and, via swap arrangements through Iran, to Turkey. The breadth of export routes highlights the country’s commercial flexibility and strategic importance as an energy bridge between East and West, Babayev said.

“Natural gas has been, is, and will remain the foundation of a sustainable, prosperous, and dynamic energy future. We invite the international community to join us on this path,” he added.

The Turkmenistan Economic Investment Forum (TEIF 2025) runs through April 24 in Kuala Lumpur.