Independence Day celebrations in Ashgabat
Turkmenistan sets out its gas goals
Ashgabat’s ambitions appear to mesh well with China’s growing appetite for gas
Turkmenistan wants to boost gas output and exports by unlocking more production from its massive Galkynysh field. This would represent an ambitious ramp-up by Central Asia’s top producer that would align with burgeoning gas demand from primary buyer China, where the market for the fuel is forecast to continue growing for another decade. Turkmenistan aims to boost output to 116bcm/yr by 2029, more than half of which is earmarked for exports, Rustem Tekayev, head of the gas transportation and supply department at state-owned gas company Turkmengaz, said at the Oil and Gas of Turkmenistan 2024 conference in Ashgabat at the end of October. The planned production increase forms part of the Turkme
Also in this section
30 April 2025
With a new board appointed to lead NNPC and moves by President Tinubu to exert control in the Delta region, there is renewed hope the country will be able to turn the corner and rebuild production to former peaks
30 April 2025
While economic weakness and the electric vehicles trend have hit oil demand growth, petrochemicals and jet fuel show more nuanced changes across the barrel
30 April 2025
The company will use methane-rich gas produced from local coal to temporarily replace lost supplies from Mozambique
28 April 2025
Rewards offered by investment in the sector must be balanced by its energy consumption amid an increasingly gas-hungry domestic market
