Türkmengaz Explained

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]

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Notes and References

  1. Web site: GRRR.nl . Oil and Gas Benchmark Benchmark . 2022-06-02 . World Benchmarking Alliance . en-US.
  2. Web site: Назначен новый руководитель Госконцерна «Türkmengaz». Russian. 3 July 2020. Электронная газета "Золотой век".
  3. Web site: Turkmenistan: Guess WHO's coming to dinner Eurasianet . 2022-06-02 . eurasianet.org . en.
  4. Web site: TurkmenGaz's Kiyanly chemical complex achieves full production rates . 2022-06-03 . www.ogj.com. 27 August 2020 .