Turkmenistan Oil

Oil Reserves in Turkmenistan (2025)

See also: List of countries by Oil Reserves

Turkmenistan holds 600,000,000 barrels of proven oil reserves as of 2025, ranking #44 in the world and accounting for about 0.034% of the world's total oil reserves of 1,765,151,568,000.

Turkmenistan has proven reserves equivalent to 11.2 times its annual consumption levels (based on 2024 data). This means that, without net exports, there would be about 11 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Turkmenistan

Oil Consumption in Turkmenistan (2024)

See also: List of countries by Oil Consumption

• Turkmenistan consumes 146,281 barrels per day (B/d) of oil as of the year 2024.
• Turkmenistan ranks #66 in the world for oil consumption, accounting for about 0.14% of the world's total consumption of 102,559,503 barrels per day.
• Turkmenistan consumes 0.82 gallons of oil per capita every day (based on the 2024 population of 7,494,498 people), or 299 gallons per capita per year (7 barrels). [1 barrel = 42 US Gallons]

Oil Production in Turkmenistan (2024)

See also: List of countries by Oil Production

• Turkmenistan produces 274,654 barrels per day of oil (as of 2024) ranking #33 in the world.
• At 2024 production levels, Turkmenistan produces every year about 16.71% of its proven reserves ( 2025).

Oil Exports (2018)

• In 2018, Turkmenistan exported 22% of its oil production (59,930 barrels per day out of 269,156 produced).

History of Oil Consumption and Production