Turkmenistan energy report

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 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. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.

Turkmenistan energy report
March 2020

2 files (PDF report, Excel file)

26 (Report only)

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  • Institutions & Energy Policy

    The Ministry of Energy supervises the electricity sector.

  • 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.

  • Energy Supply


    The country's oil production is low (11 Mt in 2018) and increased only slightly over the last decade.

    The country has a refining capacity of 297 000 bbl/d, distributed over 3 refineries (Chardzhou, 120 500 bbl/d, Türkmenbaşy/Krasnovodsk, 116 500 bbl/d, and Okarem, 60 000 bbl/d, commissioned in 2018).

  • 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.

Table of Contents


Download the Table of Contents

List of Graphs

Below is a list of the Turkmenistan energy market report graphs:

  • 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, %)

List of Tables

In the Turkmenistan energy market report you will find the following tables:

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

Data (Excel Sheet)

The Turkmenistan energy market data since 1990 and up to 2018 is included in the Excel file accompanying the Turkmenistan country report.
It showcases the historical evolution, allowing users to easily work with the data.

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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