Standing to attention: President Gurbanguly Berdymukhamedov is targeting gas export options
Turkmenistan looks to gas expansion
A new focus on the energy sector aims to boost both the domestic economy and exports
Turkmenistan holds the world's fourth-largest natural gas reserves, but most of them remain undeveloped. The authorities now want to upgrade domestic and export infrastructure to make the country a major gas supplier. But a reluctance to open Turkmenistan up to foreign investment could restrain expansion plans. The Turkmen leadership has so far declined to follow the example of countries like Azerbaijan in signing major production-sharing agreements (PSA), allowing the energy majors to invest in the upstream. The country produces around 70bn m3/yr of gas and 260,000 bl/d of oil. Turkmenistan's most important gasfields include Galkynysh, with over 24tr m 3 of gas in place, along with Yashlar-
Also in this section
24 March 2026
It is an unusual story of out with the new and in with the old, as America First Refining shows the US going back to trusted energy security developments
23 March 2026
A complex and sometimes contradictory web of factors that include unpredictable oil prices, the globalisation of LNG markets, the expansion of Middle Eastern sovereign capital and the growth of datacentre demand will shape the energy landscape beyond 2026
23 March 2026
The Strait of Hormuz crisis highlights how key waterways can become global chokepoints
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
