BAKU, Azerbaijan, October 29
By Jeila Aliyeva - Trend:
Turkmenistan's hydrocarbon resources are estimated at more than 71 billion tons of oil equivalent, of which oil is more than 20 billion tons, and natural gas is 50 billion cubic meters, Trend reports with reference to “SNG Today” agency.
This was stated by the head of Turkmenistan’s Turkmengas State Concern Batyr Amanov during XXV “Oil and Gas of Turkmenistan” international conference organized by Turkmenistan’s Turkmengas and Turkmennebit State Concerns in partnership with Turkmen Forum.
Turkmenistan ranks fourth in terms of natural gas reserves after Russia, Iran and Qatar, the report says.
As reported, Turkmenistan has exceeded expectations of oil and gas condensate production from January through September 2020.
The estimates of oil and gas condensate production were exceeded by 1.7 percent, oil refining – by 2.6 percent, gasoline production – by 6.8 percent, diesel fuel production – by 6.9 percent, kerosene production – 0.3, and liquefied gas - 23.6 percent.
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