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.
How big is the palm oil market?
In 2019, the size of the Palm Oil market is projected at $81.9 billion and in the 2020-2025 forecast periods at the CAGR by 6.0%. Two types of oil can be produced, crude palm oil comes from squeezing the fleshy fruit, and palm kernel oil which comes from crushing the kernel, or the stone in the middle of the fruit.
How many palm oil mills are there in Malaysia?
More than 100 million tons of palm oil fresh fruit bunches (FFB) were processed annually from Malaysia’s 446 palm oil mills (POM; Zamri et al., 2019). As a key product of palm oil FFB, the POM operation primarily extracts crude palm oil (CPO) and palm kernel oil (PKO).
Is Turkmenistan rich in hydrocarbon resources?
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.