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EIA updates forecasts for Turkmenistan’s petroleum output

Turkmenistan Materials 11 January 2023 16:33 (UTC +04:00)
EIA updates forecasts for Turkmenistan’s petroleum output
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, January 11. Production of oil and other liquid hydrocarbons in Turkmenistan in 2023 will average 0.27 million barrels per day, Trend reports with reference to the January Short-Term Energy Outlook (STEO) of the US Energy Information Administration (EIA).

According to the EIA, in the first, second, third and fourth quarters of 2023, the production of oil and other liquid hydrocarbons in Turkmenistan will amount to 0.27 million barrels per day.

Furthermore, the EIA also noted that Turkmenistan’s oil extraction in 1Q2022, 2Q2022, 3Q2022, and 4Q2022 amounted to 0.26 million barrels per day.

The annual 2024 oil and other liquid production in Turkmenistan is also forecast to be at 0.27 million barrels a day, the report said.

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