by Tavus Rejepova (04/03/2013 issue of the CACI Analyst)
High level government officials from Turkmenistan’s oil and gas sector have announced that the country plans to produce 250 billion cubic meters (bcm) and export 200 bcm of natural gas per year by 2030. Yet, while these highly ambitious production figures and several events in Europe, Asia, and Middle East to promote investment in Turkmenistan’s energy sector over the past six months demonstrate the government’s optimism, western energy companies are increasingly wary of the country’s energy export plans and the future of large-scale projects such as the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline.
- Turkmenistan