Turkmenistan sees light at the end of the tunnel
Turkmenistan must overcome economic crisis and political hurdles to reverse its gas exports decline
Resumption of gas exports from Turkmenistan to Russia in mid-April was welcome news for an economy unusually dependent on a single product— natural gas —for its export revenues. On 15 April, following a meeting between Gazprom chief Alexey Miller and the Turkmen president, Gurbanguly Berdimuhamedov, in Ashgabat in late March, it was reported that Turkmen gas had flowed across its borders bound for Russia for the first time since January 2016. That was when exports ceased because of a dispute over price and payments. It is a tentative rapprochement. A decade ago Turkmenistan was exporting over 40bn m³/yr of gas to Russia, more than its current exports to China. Neither Gazprom nor Turkmengaz

Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure