With 39.1 billion cubic meters of natural gas and 4.13 million tons of oil, Turkmenistan's oil and gas production both increased in the first half of the year, and the completion rate of finished oil production plans exceeded 100% for the entire line. At the same time, the fourth phase of the Fuxing Gas Field project, which was constructed by Chinese enterprises with a budget of 4.6 billion US dollars, has been launched, and this Central Asian energy giant is accelerating the export of natural gas to the East.

The highest completion rate of finished oil plan is 119%

In the first half of 2026, Turkmenistan will hand over the outstanding report of oil and gas production: the mining output of natural gas will reach 39.147 billion cubic meters, an increase of about 0.4% year on year; The mining output is about 4.13 million tons, with a year-on-year growth of about 0.9%. The data reported by Deputy Prime Minister Agajanov is more specific: the completion rate of the oil production plan in Konzern is 108.3%, and the completion rate of the refining plan is 104.1%; The gasoline production plan has been completed by 116%, diesel by 111.4%, lubricating oil by 119.4%, and liquefied gas by 118.5%.

The completion rate of natural gas and associated gas extraction plan reached 107.6%. The production of liquefied hydrocarbon gases surged by 64.5% year-on-year, while petroleum asphalt increased by 39.9%. After listening to the report, President Berdymukhamedov emphasized that promoting the diversification of natural gas export channels remains a key task.

4.6 billion US dollar contract leverages the increment of Fuxing gas field

Turkmenistan has proven natural gas reserves of approximately 19.5 trillion cubic meters, ranking fourth in the world. The Fuxing gas field is one of the largest single gas fields on the continent in the world. In April 2026, the subsidiary of China National Petroleum Corporation (CNPC) and CNPC Amu Darya Company officially signed a ground engineering contract for the fourth phase of the Fuxing Gas Field project, with a contract amount of 4.614 billion US dollars. The contract will involve the construction of a natural gas processing plant with an annual processing capacity of 10 billion cubic meters and supporting production facilities. The estimated reserves of this gas field are 27.4 trillion cubic meters, with a total of seven development stages planned. PetroChina's participation in the next year's production is expected to continue to rise. Keywords: oil and gas production, oil and gas output

At present, Turkmenistan's annual supply of natural gas through pipelines to China is about 40 billion cubic meters, and with the subsequent stages of the Fuxing gas field being put into operation, this number will further expand. For China, the weight of this Central Asian gas source in the energy security map will only become increasingly significant.Editor/Cheng Liting