Capterio highlights significant progress on flaring at major international conference in Turkmenistan

It was great honour for our CEO, Mark Davis, to be invited to present at the 29th “Oil & Gas of Turkmenistan – 2024” on the topic of emissions reduction around gas flaring today in Ashgabat. Strategically positioned between East and West, Turkmenistan is endowed with abundant hydrocarbon reserves and significant renewable energy potential.

Mark discussed the importance reducing gas flaring and methane, not only as as it helps to capture more up to 9 BCM of gas, but also to capture additional revenues (up to $1.4 billion per year) and reduce emissions. It is great to see the progress on emissions reduction at the Darvaza Crater (see chart below), and to see senior leaders from Turkmengas using FlareIntel’s real-time gas flaring analytics that helps companies to capture value, improve performance, reduce operational upsets and more.

A report summarsing the state of play on emissions in Turkmenistan from a recent paper published by Capterio here. To summarise the whole conference panel:

  • Magtymguly Akmuradov – Advisor on Environmental and Water Diplomacy, Ministry of Foreign Affairs of Turkmenistan discussed the progress on a draft law on GHG and methane, and the progress on use of associated gas. It is exciting that Turkmenistan, will be a Regional Climate Technology Center for Central Asia in Ashgabat that will serve as a platform for transferring technologies for adapting to climate change and mitigating its effects.
  • Bayrammyrat Pirniyazov (Director of Scientific-research Institute of Natural Gas under the
    SC Turkmengas) outlined some of the groundbreaking work being undertaken, especially around the Darvaza Crater, plus also how recent technology developments are driving positive change – including e.g. the live automatic emissions monitoring at the world-class Galkynsysh gas field. Delighted to see Mr Pirniyazov using Capterio data in his keynote.


  • Antoine Halff (Kayrros) discussed some of the insights from a recent report that highlights that Turkmenistan is one of the few countries which has reduced methane in recent years.
  • Manfredi Caltagirone (UNEP) outlined the support that the UNEP offers, especially through it’s IMEO programme.
  • Yegor Zbrodko (Energy Sector Specialist, USAID Power Central Asia Activity) outlines some of the ground-based interventions possible.
  • Clayton Nash (Tegre) outlined some of the learnings on methane and flaring reduction in the US. Key is to do a marginal impact analysis – and to refine a limited and targeted set of opportunities. Greatest technical challenge is often systems integration.
  • Agshin Yusifzada – Sustainability Coordinator, COP 29 looked forward to the major climate conference in Baku in a few weeks. Agshin discussed the importance of climate finance, the pledge on green investment zones & corridors. Topics such as wind, solar, hydro and more were discussed.

Thank you to our panel chair, Erik Darner from S&P Global, and to Nazar Atajanow from Turkmenforum for an excellent panel and an excellent conference. We can’t wait to be back.