Silk Road Reporters: Turkmenistan’s Lofty Ambitions for Natural Gas Exports

Of the five nations surrounding the Caspian – Azerbaijan, Kazakhstan, Iran, Russia and Turkmenistan, the hydrocarbon riches of Turkmenistan remain the last great prize, sought and fought over by Russia, China, Iran and Western investors. Turkmenistan has the world’s fourth largest natural gas reserves after Russia, Iran, and Qatar, with the largest deposits concentrated in Mary region in the east of the country. Turkmenistan has several of the world’s largest natural gas fields, including 10 with over 3.5 trillion cubic feet (tcf) of reserves, located primarily in the Amu Darya basin in the southeast, the Murgab Basin in the south, and the South Caspian basin in the west.

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