In the next two years, a stable increase in oil production is expected in Turkmenistan. This is stated in the forecast for oil production in Turkmenistan in 2023-2024 published by the US Department of Energy, Trend reports with reference to the Energy Information Administration (EIA).
According to estimates, the production of oil and other liquid hydrocarbons in Turkmenistan in the first, second, third and fourth quarters of 2023 will average 0.27 million barrels per day. This is a 3.8% increase compared to the same forecast for 2022.
According to the EIA forecast, in 2024 Turkmenistan will produce 0.27 million barrels of oil per day. Quarterly production of raw materials per day will also be 0.27 million barrels.
