Turkmenistan Oil

Summary Table

Barrels Global Rank
Oil Reserves 600,000,000 #45 in the world
Barrels per dayGlobal Rank
Oil Production 266,427 #33 in the world
Oil Consumption 149,000 #67 in the world
Daily Surplus +117,427
Oil Imports 0
Oil Exports 68,857
Net Exports 68,857
(Data shown in the table is for 2016, the latest year with complete data in all categories)

Oil Reserves in Turkmenistan

See also: List of countries by Oil Reserves

Turkmenistan holds 600,000,000 barrels of proven oil reserves in the world as of 2016, ranking #45 in the world and accounting for about 0.036% of the world’s total oil reserves of 1,650,585,140,000.

Turkmenistan has proven reserves equivalent to 11 times its annual consumption levels. This means that, without Net Exports, there would be about 11 years of oil left (at current consumption levels and excluding unproven reserves).


Oil Reserves
600,000,000 barrels
Global Rank: #45 | Share of World: 0.036%
11 years of oil left
(at current consumption levels)

History of Oil Reserves in Turkmenistan


Oil Consumption in Turkmenistan

See also: List of countries by Oil Consumption

  • Turkmenistan consumes 149,000 barrels per day (B/d) of oil as of the year 2016.

  • Turkmenistan ranks #67 in the world for oil consumption, accounting for about 0.15% of the world’s total consumption of 97,103,871 barrels per day.

  • Turkmenistan consumes 0.98 gallons of oil per capita every day (based on the 2016 population of 6,360,041 people), or 359 gallons per capita per year (9 barrels). [1 barrel = 42 US Gallons]

Oil Production in Turkmenistan

See also: List of countries by Oil Production

  • Turkmenistan produces 266,427 barrels per day of oil (as of 2016) ranking #33 in the world.

  • Turkmenistan produces every year an amount equivalent to 16.21% of its total proven reserves (as of 2016).

Oil Exports

  • Turkmenistan exports 26% of its oil production (68,857 barrels per day in 2016).

History of Oil Consumption and Production


See also

Sources