This analysis includes a comprehensive Turkmenistan energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry.
The surplus equaled 6.0% of GDP in 2022, reflecting higher energy prices and export volumes as imports were restrained by controls. Export revenue is estimated to have risen by 43.6%, mainly on exports of gas to the PRC but also with additional exports to Iran and Azerbaijan under gas swap agreements.
Turkmenistan Total Energy Consumption. Per capita consumption is 3.8 toe, with electricity accounting for around 2 292 kWh in 2022. Total energy consumption has been stable at around 25 Mtoe since 2020. Previously, it had been increasing by 3.4%/year from 2018 to 2020.
Turkmenistan: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across all of the key metrics on this topic.
Turkmenistan''s energy sector has been significantly impacted by the COVID-19 pandemic. Decreased export volumes, economic uncertainty, and restrictions preventing the spread of the virus led to a nearly 5% decrease in energy demand in 2020. However, the demand is expected to rebound and to surpass prepandemic levels in 2022.
Turkmenistan Total Energy Consumption. Per capita consumption is 3.8 toe, with
Turkmenistan market report. updated August 2023 plete Turkmenistan
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* at purchasing power parity
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Turkmenistan Total Energy Consumption
Per capita consumption is 3.8 toe, with electricity accounting for around 2292kWh in 2022.
Total energy consumption has been stable at around 25 Mtoe since 2020. Previously, it had been increasing by 3.4%/year from 2018 to 2020. It had increased rapidly from 2000 to 2015 (4%/year, on average) and then remained stable until 2018. Natural gas represents 71% of that consumption and oil 28%.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Turkmenistan energy report
Turkmenistan Crude Oil Production
The country has a refining capacity of 271kb /d, distributed mainly over 2 refineries (Seydi, 120kb/d and Türkmenbaşy/Krasnovodsk, 116kb/d).
The country is a net exporter of oil products. Oil exports have been stable at 3.2 Mt since 2020. Previously they had remained stable around 2.6 Mt since 2014. The main destinations of crude oil exports in 2021 were Denmark (60%) and Uzbekistan (26%).
Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset
Turkmenistan Renewable in % Electricity Production
In 2021, the Ministry of Energy launched the first international tender for the construction of a hybrid renewable power plant (solar and wind) with a capacity of 10 MW (7 MW solar and 3 MW wind). As of 2024, there has been no follow up on this project.
In March 2023, the country launched a new international tender for the supply of equipment and materials for PV projects in remote locations. As of 2024, there was no renewable energy capacity in the country.
Turkmenistan CO2 Fuel Combustion/CO2 Emissions
In its updated NDC (2023), the government aims to reduce its GHG emissions by 20% by 2030 (relative to 2010 emissions).
Graph: CO2-ENERGY EMISSIONS (MtCO2)
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