1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 5
1.2 List of Figures 6
2 Introduction 7
2.1 What is This Report About? 7
2.2 Market Definition 7
3 Turkmenistan Energy Sector 9
3.1 Turkmenistan Energy Sector, Market Overview 9
3.2 Turkmenistan Energy Sector, Oil 10
3.2.1 Turkmenistan Oil, Overview 10
3.2.2 Turkmenistan Oil, Supply and Demand Balance 10
3.2.3 Turkmenistan Crude Oil, Regulatory Structure 16
3.3 Turkmenistan Energy Sector, Gas 17
3.3.1 Turkmenistan Gas, Overview 17
3.3.2 Turkmenistan Gas, Supply and Demand Balance 17
3.3.3 Turkmenistan Natural Gas, Regulatory Structure 23
4 Turkmenistan Oil Storage Industry 24
4.1 Turkmenistan Oil Storage Industry, Overview 24
4.2 Turkmenistan Oil Storage Industry, Storage Operations 24
4.2.1 Turkmenistan Oil Storage Industry, Total Storage Capacity 24
4.3 Turkmenistan Oil Storage Industry, Storage Capacity by Company 25
4.4 Turkmenistan Oil Storage Industry, Storage Capacity by Terminal 25
4.5 Turkmenistan Oil Storage Industry, Asset Details 26
4.5.1 Turkmenistan Oil Storage Industry, Planned Asset Details 26
5 Turkmenistan Oil and Gas Pipelines Industry 27
5.1 Turkmenistan Gas Pipelines 27
5.1.1 Turkmenistan Gas Pipelines, Key Data 27
5.1.2 Turkmenistan Gas Pipelines, Overview 27
5.2 Turkmenistan Oil and Gas Pipelines Industry, Natural Gas Pipeline Length by Major Companies 27
5.3 Turkmenistan Oil and Gas Pipelines Industry, Natural Gas Pipelines 29
5.4 Turkmenistan Oil and Gas Pipelines Industry, Gas Pipelines Asset Details 30
5.4.1 Turkmenistan Oil and Gas Pipelines Industry, Gas Pipelines Active Asset Details 30
5.4.2 Turkmenistan Oil and Gas Pipelines Industry, Gas Pipelines Planned Asset Details 42
6 Turkmenistan Gas Processing Industry 49
6.1 Turkmenistan Gas Processing Industry, Key Data 49
6.2 Turkmenistan Gas Processing Industry, Overview 49
6.3 Turkmenistan Gas Processing Industry, Processing Capacity by Company 49
6.4 Turkmenistan Gas Processing Industry, Processing Plant Number by Facility Type 51
6.5 Turkmenistan Gas Processing Industry, Capacity Contribution of Various Provinces 52
6.6 Turkmenistan Gas Processing Industry, Gas Processing Capacity 53
6.7 Turkmenistan Gas Processing Industry, Planned Gas Processing Capacity 53
6.8 Turkmenistan Gas Processing Industry, Asset Details 54
6.8.1 Turkmenistan Gas Processing Industry, Active Asset Details 54
6.8.2 Turkmenistan Gas Processing Industry, Planned Asset Details 62
7 Recent Contracts 65
7.1 Detailed Contract Summary 65
7.1.1 Awarded Contract 65
8 Recent Developments 69
8.1 Other Significant Developments 69
8.1.1 Oct 14, 2016: IDB Sanctions $700m Loan For Turkmen Section Of TAPI Gas Pipeline Project 69
8.1.2 Sep 22, 2016: TAPI Gas Pipeline Project May Receive Financial Assistance From IDB 70
8.1.3 Sep 15, 2016: Turkmenistan To Use Major Part Of Investments In TAPI Gas Pipeline Project 71
8.1.4 Aug 24, 2016: TMK Ships A Batch Of LDP To Turkmenenegro 72
8.1.5 Jul 09, 2016: Turkmenistan Invites Japan To Join TAPI Gas Pipeline Project 72
8.1.6 Jun 10, 2016: ADB May Provide Financial Assistance To TAPI Gas Pipeline Project 73
8.1.7 Jun 04, 2016: Turkmenistan Earmarks Over $45m For TAPI Project 74
8.1.8 May 18, 2016: IDB To Participate In Financing Of TAPI Gas Pipeline Project 75
8.1.9 May 02, 2016: Turkmenistan Invites Saudi Arabian Firms To Join TAPI Gas Pipeline Project 77
8.1.10 Apr 25, 2016: Turkmenistan To Raise Natural Gas Supply To China 77
8.1.11 Apr 07, 2016: TAPI Gas Pipeline Project To Secure $200m Funding From Shareholders 78
8.1.12 Mar 31, 2016: Petronas Carigali To Drill First Well At Garagol Deniz West Field In Turkmenistan 79
8.1.13 Mar 15, 2016: Pakistan And Turkmenistan To Review TAPI Gas Pipeline Project Progress 80
8.1.14 Mar 07, 2016: Turkmenistan's Ahal Province Begins Receiving Natural Gas Via East-West Pipeline 81
9 Appendix 82
9.1 Abbreviations 82
9.2 Methodology 82
9.2.1 Coverage 82
9.2.2 Secondary Research 83
9.3 Disclaimer 83

1.1 List of Tables
Table 1: Oil Industry, Turkmenistan, Historical and Forecast of Oil Production and Consumption (mbd), 2000-2020 11
Table 2: Oil Industry, Turkmenistan, Historical and Forecast of Oil Exports (mbd), 2000-2020 13
Table 3: Oil Industry, Turkmenistan, Historical Crude Oil Reserves (billion bbl), 2000-2015 15
Table 4: Gas Industry, Turkmenistan, Historical and Forecast of Gas Production and Consumption (bcf), 2000-2020 18
Table 5: Gas Industry, Turkmenistan, Historical and Forecast of Gas Exports (bcf), 2000-2020 20
Table 6: Gas Industry, Turkmenistan, Historical Natural Gas Reserves (tcf), 2000-2015 22
Table 7: Oil Storage Industry, Turkmenistan, Total Storage Capacity (mcm), 2011-2021 24
Table 8: Oil Storage Industry, Turkmenistan, Storage Capacity by Company (mcm), 2011-2021 25
Table 9: Oil Storage Industry, Turkmenistan, Storage Capacity (mcm), 2011-2021 25
Table 10: Oil and Gas Pipelines Industry, Turkmenistan, Gas Pipelines Key Statistics, Nov 2016 27
Table 11: Oil and Gas Pipelines Industry, Turkmenistan, Natural Gas Pipeline Length by Major Companies (km), Nov 2016 27
Table 12: Oil and Gas Pipelines Industry, Turkmenistan, Natural Gas Pipelines, Nov 2016 29
Table 13: Gas Processing Industry, Turkmenistan, Key Statistics, Nov 2016 49
Table 14: Gas Processing Industry, Turkmenistan, Gas Processing Capacity by Company (mmcf), Nov 2016 49
Table 15: Gas Processing Industry, Turkmenistan, Processing Plant Number by Facility Type (%), Nov 2016 51
Table 16: Gas Processing Industry, Turkmenistan, Capacity Contribution of Various Provinces (%), Nov 2016 52
Table 17: Gas Processing Industry, Turkmenistan, Active Gas Processing Capacity (mmcf), Nov 2016 53
Table 18: Gas Processing Industry, Turkmenistan, Planned Gas Processing Capacity (mmcf), Nov 2016 53
Table 19: Saipem Secures Contract For The Engineering And Construction Work Associated With The Installation Of Multi-Phase Pipelines In The Caspian Sea 65
Table 20: Aegion Secures Contract To Perform Outer Diameter Field Coatings For A 300 Mile (482.80 Kilometers) Onshore Natural Gas Pipeline Expansion Project In The Caspian Sea Region 66
Table 21: Hyundai Engineering Secures Contract Worth KRW4.08 Trillion (US$3890 Million) From Turkmengaz 67

1.2 List of Figures
Figure 1: Energy Industry, Turkmenistan, Primary Energy Consumption Split by Fuel Type (%), 2015 9
Figure 2: Oil Industry, Turkmenistan, Historical and Forecast of Oil Production and Consumption (mbd), 2000-2020 12
Figure 3: Oil Industry, Turkmenistan, Historical and Forecast of Oil Exports (mbd), 2000-2020 14
Figure 4: Oil Industry, Turkmenistan, Historical Crude Oil Reserves (billion bbl), 2000-2015 16
Figure 5: Gas Industry, Turkmenistan, Historical and Forecast of Gas Production and Consumption (bcf), 2000-2020 19
Figure 6: Gas Industry, Turkmenistan, Historical and Forecast of Gas Exports (bcf), 2000-2020 21
Figure 7: Gas Industry, Turkmenistan, Historical Natural Gas Reserves (tcf), 2000-2015 23
Figure 8: Oil Storage Industry, Turkmenistan, Total Storage Capacity (mcm), 2011-2021 24
Figure 9: Oil and Gas Pipelines Industry, Turkmenistan, Natural Gas Pipeline Length by Major Companies (km), Nov 2016 28
Figure 10: Gas Processing Industry, Turkmenistan, Gas Processing Capacity by Company (mmcf), Nov 2016 50
Figure 11: Gas Processing Industry, Turkmenistan, Processing Plant Number by Facility Type (%), Nov 2016 51
Figure 12: Gas Processing Industry, Turkmenistan, Capacity Contribution of Various Provinces (%), Nov 2016 52