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Turkmenistan Oil and Gas Companies (2024 - 2029)

Numerous global companies, including those in the energy sector, are at the forefront of the industry, contributing to the global economy and energy supply. These firms, which include giants from Russia, China, and the West, are involved in a variety of activities, including gas production, petroleum extraction, and oilfield services. Their operations span the globe, and their influence reaches into every corner of the energy market. Despite the competitive nature of the industry, these corporations continue to thrive and expand, underscoring the importance of the energy sector to the global economy.

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Top Companies in Turkmenistan Oil and Gas Market

This report lists the top Turkmenistan Oil and Gas companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Turkmenistan Oil and Gas industry.

  1. Türkmengaz

  2. PJSC Gazprom

  3. China National Petroleum Corporation

  4. JSC Uzbekneftegas

  5. Sinopec Oilfield Service Corporation

*Disclaimer: Top companies sorted in no particular order

Turkmenistan Oil and Gas Market Major Players

Turkmenistan Oil and Gas Market Concentration

Turkmenistan Oil and Gas Market Concentration

Turkmenistan Oil and Gas Company List

  1. 1. INTRODUCTION

    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET OVERVIEW

    1. 4.1 Introduction

    2. 4.2 Turkmenistan Crude Oil Consumption Forecast in thousand barrels per day, till 2027

    3. 4.3 Turkmenistan Natural Gas Consumption Forecast in billion cubic feet per day, till 2027

    4. 4.4 Refinery Installed Capacity and Forecast, till 2027

    5. 4.5 Recent Trends and Developments

    6. 4.6 Government Policies and Regulations

    7. 4.7 Market Dynamics

      1. 4.7.1 Drivers

      2. 4.7.2 Restraints

    8. 4.8 Supply Chain Analysis

    9. 4.9 PESTLE Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Upstream

      1. 5.1.1 Location of Deployment

        1. 5.1.1.1 Onshore

          1. 5.1.1.1.1 Overview

          2. 5.1.1.1.2 Key Project Information

            1. 5.1.1.1.2.1 Existing Projects

            2. 5.1.1.1.2.2 Projects in Pipeline

            3. 5.1.1.1.2.3 Upcoming Projects

        2. 5.1.1.2 Offshore

          1. 5.1.1.2.1 Overview

          2. 5.1.1.2.2 Key Project Information

            1. 5.1.1.2.2.1 Existing Projects

            2. 5.1.1.2.2.2 Projects in Pipeline

            3. 5.1.1.2.2.3 Upcoming Projects

    2. 5.2 Midstream

      1. 5.2.1 Transportation

        1. 5.2.1.1 Overview

        2. 5.2.1.2 Key Project Information

          1. 5.2.1.2.1 Existing Infrastructure

          2. 5.2.1.2.2 Projects in Pipeline

          3. 5.2.1.2.3 Upcoming Projects

      2. 5.2.2 Storage

        1. 5.2.2.1 Overview

        2. 5.2.2.2 Key Project Information

          1. 5.2.2.2.1 Existing Infrastructure

          2. 5.2.2.2.2 Projects in Pipeline

          3. 5.2.2.2.3 Upcoming Projects

      3. 5.2.3 LNG Terminals

        1. 5.2.3.1 Overview

        2. 5.2.3.2 Key Project Information

          1. 5.2.3.2.1 Existing Infrastructure

          2. 5.2.3.2.2 Projects in Pipeline

          3. 5.2.3.2.3 Upcoming Projects

    3. 5.3 Downstream

      1. 5.3.1 Refineries

        1. 5.3.1.1 Overview

        2. 5.3.1.2 Key Project Information

          1. 5.3.1.2.1 Existing Infrastructure

          2. 5.3.1.2.2 Projects in Pipeline

          3. 5.3.1.2.3 Upcoming Projects

      2. 5.3.2 Petrochemicals Plants

        1. 5.3.2.1 Overview

        2. 5.3.2.2 Key Project Information

          1. 5.3.2.2.1 Existing Infrastructure

          2. 5.3.2.2.2 Projects in Pipeline

          3. 5.3.2.2.3 Upcoming Projects

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 JSC Türkmengaz

      2. 6.3.2 PJSC Gazprom

      3. 6.3.3 China National Petroleum Corporation

      4. 6.3.4 JSC Uzbekneftegas

      5. 6.3.5 Sinopec Oilfield Service Corporation

      6. 6.3.6 Halliburton Company

      7. 6.3.7 Dragon Oil PLC

      8. 6.3.8 Buried Hill Energy

      9. 6.3.9 Lukoil

      10. 6.3.10 Shell PLC

    4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS


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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Turkmenistan Oil and Gas Market Companies Summary

The oil and gas market in Turkmenistan has been affected by the COVID-19 pandemic but is now recovering to pre-pandemic levels. The growth of this sector is expected to be driven by increasing investments and rising production of gas. However, the reluctance to open up Turkmenistan to foreign investment could potentially hinder expansion plans. Despite this, there are several gas pipelines under construction which are expected to create new markets for natural gas exports and provide opportunities for firms in the oil and gas sector. The midstream sector, which involves the transport and storage of crude oil and natural gas, is expected to witness significant growth. This is due to increased consumption of natural gas, leading to heavy investment in natural gas processing plants. Further, a number of agreements and plans have been made to increase natural gas exports, and ongoing investments and developments in the midstream sector are expected to boost the market. On the other hand, the Turkmenistani oil industry is highly dependent on natural gas resources. Increased oil production and consumption, along with new investments in the gas chemical complex, are expected to drive the growth of this industry. The oil and gas market in Turkmenistan is moderately consolidated with a few major players dominating the market.

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Turkmenistan Oil and Gas Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 1.2 Strategies Adopted by Leading Players

    3. 1.3 Company Profiles

      1. 1.3.1 JSC Türkmengaz

      2. 1.3.2 PJSC Gazprom

      3. 1.3.3 China National Petroleum Corporation

      4. 1.3.4 JSC Uzbekneftegas

      5. 1.3.5 Sinopec Oilfield Service Corporation

      6. 1.3.6 Halliburton Company

      7. 1.3.7 Dragon Oil PLC

      8. 1.3.8 Buried Hill Energy

      9. 1.3.9 Lukoil

      10. 1.3.10 Shell PLC

    4. *List Not Exhaustive

Turkmenistan Oil and Gas Companies FAQs

Türkmengaz, PJSC Gazprom, China National Petroleum Corporation, JSC Uzbekneftegas and Sinopec Oilfield Service Corporation are the major companies operating in the Turkmenistan Oil and Gas Market.

Oil and Gas Market in Turkmenistan Report Snapshots

Turkmenistan Oil and Gas Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)