Key Market Indicators
Turkmen crude oil production is set to reach 10.9 million tonnes of oil equivalent by 2026, growing at an average rate of 0.3% year on year. Since 1995, Turkmen supply has decreased by an average of 1.1% year on year. In 2021, the country was ranked 34th, with Australia coming ahead with 10.5 million tonnes of oil equivalent. Saudi Arabia, the United States and Iraq came in at 2nd, 3rd and 4th in the ranking respectively.
