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
29 January 2026
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
