Chemical industry in Turkmenistan

Latest Turkmen chemical industry news

26 September 2026
XRG approves FID for Absheron expansion

Absheron expansion to unlock up to 5 Tcf of gas; production expected from 2029 at 600 MMcf/d and 47,000 b/d condensate, tied into the Southern Gas Corridor.

28 August 2026
PETRONAS 1H 2026: resilient results and energy-security focus

Revenue up 15% to RM152.4bn; PAT RM27.2bn; CAPEX RM41.4bn and full ownership of PRefChem expected in 2H 2026 amid West Asia conflict-driven volatility.

2 June 2026
SOCAR and BCG sign cooperation on Caspian methane reduction

Joint effort to fast-track methane cuts in Caspian oil and gas operations through projects, research and best-practice exchange, aiming for reductions by 2030.

3 November 2025
XRG Expands Caspian Presence with Stake in Southern Gas Corridor

XRG signs non-binding terms to acquire a stake in SGC, enhancing UAE-Azerbaijan energy ties and boosting European energy supply diversification.