Turkmenistan Oil

600,000,000barrels
0.03%
of world reserves
at current production
274,642b/d−0.0043% YoY
146,281b/d+0% YoY
Daily Surplus (2024)
+128,372b/d

Consumption uses 53.3% of production.

Production
Consumption
Surplus

Oil Reserves in Turkmenistan

  • Turkmenistan has proven oil reserves of 600,000,000 barrels (as reported in 2025) (#45 in the world), representing 0.03% of the world's total.
  • As of 2025 production rates, Turkmenistan has roughly 9 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Turkmenistan

  • Turkmenistan produced 274,642 barrels per day of oil and petroleum liquids in 2025 (#33 in the world), a decrease of 0.0043% from 274,654 barrels per day in 2024.
  • Of that, 190,658 barrels per day was crude oil in 2025.
  • And 44,322 barrels per day was natural gas plant liquids (NGPL) in 2025.

Turkmenistan has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.

Oil Consumption in Turkmenistan

  • Turkmenistan consumed 146,281 barrels per day of oil and petroleum products in 2024 (#65 in the world), unchanged from 2023. This represents 0.14% of the world's total oil consumption.
  • Per capita, oil consumption in Turkmenistan averaged 0.82 us gallons per day in 2024 (#81 in the world).
  • The largest refined-product categories were Liquefied Petroleum Gases (26.4%), Distillate Fuel Oil (25.8%), and Motor Gasoline (21.3%).

(Historical) Oil Imports & Exports in Turkmenistan

EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.

Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.

oil Balance in Turkmenistan

  • In 2024, Turkmenistan produced approximately 274,654 barrels per day of oil and consumed 146,281 barrels per day , a surplus of 128,372 barrels per day.

Turkmenistan Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
2025600,000,000450.03%274,642−0.0043%330.26%————————
2024600,000,000450.03%274,654−0.0095%330.27%146,281+0%660.14%0.82———
2023600,000,000450.03%274,680+7.7%330.27%146,281+0.87%660.14%0.83———
2022600,000,000450.03%255,018+0.91%340.25%145,018+2.1%660.15%0.84———
2021600,000,000440.03%252,730+5.3%330.26%142,048−0.96%640.15%0.84———
2020———240,011−4.6%330.26%143,421+0.76%640.16%0.87———
2019600,000,000440.04%251,515−6.6%330.25%142,345+4.7%710.14%0.88———
2018600,000,000440.04%269,156−0.36%330.27%135,902−9.8%730.14%0.86059,930−59,930
2017600,000,000430.04%270,124+1.7%330.27%150,592+1.1%670.15%0.97066,807−66,807
2016600,000,000450.04%265,522−4.5%330.27%149,000−1.3%680.15%0.98048,596−48,596
2015600,000,000460.04%277,897+5.6%330.29%151,000−2.7%660.16%1.02069,284−69,284
2014600,000,000460.04%263,166+2.9%340.28%155,149+8.1%640.16%1.07064,263−64,263
2013600,000,000450.04%255,798+3.9%340.28%143,533+9.1%660.16%1.01072,296−72,296
2012600,000,000450.04%246,227+9.2%350.27%131,608+4.6%710.14%0.95062,085−62,085
2011600,000,000440.04%225,443+4.6%390.25%125,874+4%700.14%0.93046,189−46,189
2010600,000,000420.04%215,585+9.1%400.25%121,026+9.2%700.14%0.91026,107−26,107
2009600,000,000420.04%197,553+4.3%400.23%110,828−7.3%710.13%0.85040,164−40,164
2008600,000,000420.05%189,331−7.7%420.22%119,595+2%700.14%0.94048,066−48,066
2007600,000,000440.05%205,184+9.9%410.24%117,269+1.3%690.13%0.94038,156−38,156
2006546,000,000460.04%186,740−11.4%430.22%115,794−0.49%690.13%0.94030,123−30,123
2005546,000,000460.04%210,843−4.1%410.25%116,359+1.8%680.14%0.97050,406−50,406
2004546,000,000450.04%219,864+0.1%410.26%114,274+3.2%680.14%0.97060,082−60,082
2003546,000,000450.04%219,636+15.5%390.27%110,721+3.7%690.14%0.96059,644−59,644
2002546,000,000440.05%190,176+7.1%430.25%106,766+13%690.14%0.94056,431−56,431
2001546,000,000420.05%177,531+12.6%430.23%94,465+0.7%710.12%0.85045,185−45,185
2000546,000,000420.05%157,653+0.6%430.21%93,809+74%710.12%0.86032,044−32,044
1999546,000,000410.05%156,719+4.4%420.21%53,900−7.4%830.07%0.5030,123−30,123
1998500,000,000430.05%150,177+28.4%420.20%58,200−11.4%800.08%0.55032,132−32,132
1997500,000,000430.05%116,996+29.5%480.16%65,700+6.5%790.09%0.649,78128,115−18,334
1996———90,337+16.1%520.13%61,700−2.1%790.09%0.611,9564,005−2,049
1995———77,800+2.6%540.11%63,000+0.16%780.09%0.639,7815,3644,417
1994———75,800−6.2%540.11%62,900−5.6%790.09%0.649,5661,4068,160
1993———80,822−17.5%500.12%66,600−11.2%760.10%0.696,4948,053−1,559
1992———98,000—440.15%75,000—690.11%0.822,04612,8009,246

See also

Sources