Turkmenistan now ranks ahead of Russia in terms of revenue from gas supplies to China. It is being reported that the country became the largest gas supplier to China in the first half of 2024, exporting gas worth $5.67 billion. Russia is now in second place with a trade of $4.69 billion.
At the same time, the chairman of the Halk Maslahaty (People’s Council) of Turkmenistan, the former president Gurbanguly Berdimuhamedov, said during his recent visit to Iran that Turkmenistan plans to increase the volume of gas supplies to Iran to 40 billion cubic meters per year.
Two gas compressor stations and a 125-kilometer-long gas pipeline are being planned in Turkmenistan. This will allow Iran to supply additional volumes to the “Çaloýuk” gas measuring station.
In addition, Turkmen gas will soon be exported to Iraq and Turkey under the SWAP scheme.
Although many countries are interested in Turkmenistan’s gas, the nation still struggles to organize an adequate supply to the domestic market.
