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
14 April 2026
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy
