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Turkmenistan names planned volume of oil exports in transit through Russia

Oil&Gas Materials 29 March 2021 11:50 (UTC +04:00)
Turkmenistan names planned volume of oil exports in transit through Russia

BAKU, Azerbaijan, March 29

By Jeila Aliyeva - Trend:

Turkmenistan will export 500,000 tons of oil in transit through Russia in 2Q2021, Trend reports, citing Nebit-Gaz electronic newspaper.

Turkmenistan ranks second among the oil-exporting countries that export oil in transit through Russia, while the first place is occupied by Kazakhstan.

As reported, Turkmenistan exported more than 320,460 tons of oil through Russia from January through February 2021, thus losing first place to Kazakhstan (2.14 million tons of oil).

Turkmenistan exported 240,660 tons of oil through the territory of Russia in February 2021.

The transit of oil from Turkmenistan through the territory of Russia amounted to 2.1 million tons from January through November 2020.

Only in November 2020, more than 160,000 tons of Turkmen oil were sent through Russia.

The volume of export of Turkmen oil to the countries outside the Commonwealth of Independent States (CIS) through the trunk oil pipeline of Russia’s Transneft PJSC amounted to 2 million tons in 2019.

Turkmenistan’s oil export through Russia renewed after a two-year hiatus at the beginning of 2019.

In general, about 10 million tons of oil are produced annually in Turkmenistan, the bulk of which is refined at local enterprises.

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Follow the author on Twitter: @JeilaAliyeva

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