Most Turkmen oil production comes from the Caspian Sea
and adjacent regions onshore. Output peaked in 1973 but is now rising to
a second, slightly lower peak as foreign investment and new export
routes help raise production from all regions.
However Turkmenistan is primarily a gas-prone country. It has some
potential in lands adjacent to the Caspian Sea but its most significant
resources are located in the Amu Daria basin in the southeast. New
export markets in the south will lead to steady growth in output through
After increasing through to 2001 oil consumption in
Turkmenistan is now increasing at a slower rate although may pick up
again exports remain stable.
Gas consumption is expected to grow rapidly as the country develops its
residential sector. Exports, probably to Pakistan and India as well as
increased exports into the Russian network, will also begin as new
infrastructure is installed.