Energy Reports

Turkmenistan energy report

Turkmenistan energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Turkmenistan energy market data.

Turkmenistan energy report
Update: March, 2020
Format: 2 files (PDF report, Excel file)
Pages: 26 (Report only)
Delivery: Immediate by e-mail


Turkmenistan energy market report offers an incisive and reliable overview of the energy sector in Turkmenistan. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2018 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Ministry of Energy supervises the electricity sector.

    In 2016, theMinistry of Oil and Gas was dissolved, along with the State Agency for Management and Use of Hydrocarbon Resources. Their duties were devolved to Turkmenistan's state energy companies, namely Turkmengaz and Turkmennebit. In particular, the companies now act as state representatives for production sharing agreements ...

  • Energy Companies


    Turkmenenergo (Turkmenenergo State Electric Energy Corporation) is the vertically integrated public power company that manages all state assets in the power sector, including, in particular, 6 territorial vertically integrated electricity producers and one company for Ashgabat. So far, the government has renounced the idea of privatisation of power facilities, considering them as strategic ...

  • Energy Supply


    Turkmenistan has the fourth largest natural gas reserves in the world after Russia, Iran, Qatar, estimated at 19 500 bcm (end of 2018); those reserves have been dramatically revised upwards since 2007, when they were estimated at 2 680 bcm. Gas reserves are concentrated in the east of the country. The country's oil reserves are estimated at around 80 Mt and are mainly located in the west of ...

  • Energy Prices


    Electricity subsidies formally started in 1993 and in 2003 were extended until 2020. A limited quantity of electricity was supplied free of charge to the population (35 kWh/month from 1993 to 2016 and 25 kWh until October 2017).

  • Energy Consumption

    Per capita consumption is 4.6 toe, with electricity accounting for around 2 700 kWh in 2018.

    Total energy consumption increased rapidly from 2000 to 2015 (4.2%/year, on average) and has remained stable since then (27 Mtoe in 2018). Natural gas represents 75% of that consumption and oil 25%.



  • Issues & Prospects

    Foreign investments tend to be more diversified, mainly focusing on the energy sector, but with a growing share allocated to chemicals, especially fertilizers. In total, Turkmenistan plans to spend US$46bn in the oil sector until 2025.

    The country's main objective is to exploit its hydrocarbon resources. To increase the production of hydrocarbons, the country intends to develop the ...

Download the Table of Contents

In the Turkmenistan market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2018, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2018, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Consumption trends by energy source (Mtoe)
  • GRAPH 7: Total consumption market share by energy (2018, %)
  • GRAPH 8: Final consumption market share by sector (2018, %)

In the Turkmenistan market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Turkmenistan market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2018 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Turkmenistan Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Turkmenistan energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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