Türkmengaz State Concern | |
Native Name: | "Türkmengaz" Döwlet Konserni |
Native Name Lang: | tk |
Type: | State-owned |
Industry: | Natural gas |
Location City: | Ashgabat |
Location Country: | Turkmenistan |
Key People: | Batyr Amanov (Chairman) |
Products: | Natural gas |
Revenue: | US$ 4.13 billion (Jan–Nov 2020) |
Num Employees: | ≈20,000 (2020) |
Türkmengaz is the national gas company of Turkmenistan. It was established by a presidential decree reorganising parts of the former Ministry of Oil and Gas in July 1996. From January to November 2020, Türkmengaz had US$4.13bn in revenue.[1] It is the largest gas company in Central Asia. The chairman of the company, with rank of minister of state, is Batyr Amangeldiýewiç Amanow.[2] [3]
Türkmengaz in 2018 opened the Kiyanly (Turkmen: Gyýanly|links=no) petrochemical complex for production of polymers. It has the capacity to produce 381,000 tonnes of polyethylene and 81,000 tonnes of polypropylene per year.[4]