Turkmenistan is rich in hydrocarbon resources. Turkmenistan produced approximately 80 billion cubic meters of natural gas in 2022, exporting about half, mostly to China. Oil production in 2022 reached 216,000 barrels per day.
How much oil does Turkmenistan produce a day?
Turkmenistan produced approximately 80 billion cubic meters of natural gas in 2022, exporting about half, mostly to China. Oil production in 2022 reached 216,000 barrels per day. Turkmenistan consumes roughly 60 percent of its oil production domestically and exports the remainder over the Caspian Sea to world markets.
What is Turkmenbashi oil processing complex?
The Turkmenbashi oil processing complex is engaged in the processing of oil and gas condensate, the production of various oil and petrochemical products and their sale in the domestic and foreign markets.
Why is Turkmenistan a leading oil refinery in the world?
Especially after the declaration of independence of Turkmenistan, the complex of refineries underwent a radical transformation and is now one of the leading oil refineries in the world.