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Turkmenistan the dominant regional gas player

While the country’s natural gas business continues to thrive, the oil sector is trailing distantly behind

Despite its significant reserves, Turkmenistan’s oil industry has long taken the back seat in its energy sector. The country’s massive, easily tapped gas resources have, since the Soviet era, made the country a pivotal source of natural gas – and an increasingly important supplier to foreign markets.The scale of Turkmenistan’s reserves, estimated at 17.5 trillion cubic metres (cm) makes it the dominant regional gas player. Natural gas output was 62.3 billion cm in 2013, most produced by the state gas firm Turkmengas. Of this, 22.3bn cm was consumed domestically, with the remainder exported. Production picked up from 36.4bn cm in 2009 after a peak of 66.1bn cm in the previous year, most of wh

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