Turkmenistan. According to Countryaah.com, Turkmenistan population in 2020 is estimated at 6,031,211. President Gurbanguli Berdimuchammedov dismissed the head of the state gas company in January, claiming that he had not done enough to broaden the important gas industry that is supporting Turkmenistan’s economy.
The country has the world’s fourth-largest reserves of natural gas and has built up exports to China via a new pipeline, but exports to the Russian Federation have declined in recent years. According to the president, the gas industry is underperforming despite billions of dollars.
During the year, however, several major projects were set to broaden the gas industry, including chemical factories for the production of plastics and natural fertilizers from natural gas, with investors from Japan and South Korea. A Turkish-Japanese consortium will also build the world’s first high-tech gas conversion plant for gasoline.
According to the International Monetary Fund (IMF), GDP growth for the year would reach almost 11% due to increased gas exports to China. In the autumn before the inauguration of the world’s largest natural gas field, Galkynysh, the Turkmen leader and China’s president had inaugurated a new production facility at the Bagtyarlyk gas field when the Turkmen leader presided over a gilded throne.
The rear tire field is estimated to have reserves of 1.3 trillion cubic meters and has cost the equivalent of close to SEK 30 billion. Investors are the Chinese oil and gas giant CNPC, and the gas will go to China in an approximately 700 km long pipeline. Under the agreement, annual gas exports to China are expected to triple to 65 billion cubic meters by 2020.
The president decided to withdraw the 120 liters of gasoline per month distributed to car owners. It was an attempt to reduce the state’s pressed spending. Natural gas, water and electricity are still free. According to critics, free energy and free water help to keep wages down. They are at their best at the equivalent of just over SEK 2,000 a month.