Arzuw NEWS - Turkmenistan news

Eni published a review of Turkmenistan's oil sector

Energy Corporation Eni published World Oil Review 2020 review of Turkmenistan's oil sector. According to the information given, tUrkmen oil reserves in 2010-2019 were 600 million barrels.

Turkmenistan's oil production level was, barrels/day:

Turkmenistan's level of oil production,

thousand barrels/day:

The level of oil consumption in Turkmenistan,

thousand barrels/day:

2015

268151
2016

247

149
2017

232

150

2018

219

157

2019223

165

The report notes that Turkmenistan is implementing significant Investments in the introduction of innovations in deep processing of hydrocarbons, updating and diversification of the oil and gas industry, providing plants with quality equipment, creating a set of measures to control the volume of emissions of harmful substances, construction of automated leakage control lines, providing optimal utilization of associated gases from oil fields and industrial waste. Analysts stressed that the use of innovations in this area makes it possible to produce high-quality oil and gas chemical products with improved environmental performance, which comply with international standards, reduce harmful emissions.

It is also emphasized that COVID-19 created the maximum the shock of 70 years for the planet's economy and the energy segment.

Sources: eni.com and trend.az

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