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Turkmenistan's Key Energy Statistics world rank
Total Primary Energy Production
Quadrillion Btu
Total Primary Energy Consumption
Quadrillion Btu
Proved Reserves of Natural Gas
Trillion Cubic Feet
Exports of Dry Natural Gas
Billion Cubic Feet
Dry Natural Gas Production
Billion Cubic Feet
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Map of Turkmenistan
Map of Turkmenistan

Analysis - Energy Sector Highlights Last updated: July 2016

  • Turkmenistan is one of the five Caspian Sea littoral countries, an area with large volumes of oil and natural gas reserves.
  • Despite its vast oil and natural gas resource base, Turkmenistan is not a major player in energy markets because of the lack of infrastructure, limiting its exporting capabilities. In the past several years, the country has been increasing investment to develop its reserves and export more natural gas to countries such as China.
  • Foreign companies are allowed to participate in Turkmenistan’s oil and gas sector only when they partner with the state-owned Turkmenneft, the largest oil producer in the country, or Turkmengaz, the state-run natural gas company. Foreign partnerships often take the form of production-sharing agreements (PSA) and are generally for offshore resources. China’s CNPC is the only foreign company that has an onshore natural gas PSA with Turkmenistan according to the Oil and Gas Journal.
  • Total primary energy consumption in Turkmenistan was 1.48 quadrillion British thermal units in 2015 and has almost doubled over the past decade, according to the BP Statistical Review of World Energy 2016. Natural gas accounted for approximately 83%, and petroleum products 17% of total energy consumption.
  • Turkmenistan had an estimated 600 million barrels of proven oil reserves as of January 2016, according to the Oil and Gas Journal. The country’s estimated total petroleum and other liquids production in 2015 was 261,000 barrels per day (b/d), an increase from 2014, which averaged 249,000 b/d according to the BP Statistical Review of World Energy 2016.

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