According to expert estimates Turkmenistan could increase by 2020 crude oil exports by almost 4 times - up to 10 million tons a year. The country is also exporting more petroleum products, primarily fuel oil, diesel fuel and gasoline, and liquefied gases. Part of this flow will rush to the Russian ports and inland waterways, which will create additional opportunities for stevedoring and shipping businesses in the Caspian region and for shipbuilders.
2010 December 19
Turkmenistan eyes moving oil exports via Russia
According to expert estimates Turkmenistan could increase by 2020 crude oil exports by almost 4 times - up to 10 million tons a year. The country is also exporting more petroleum products, primarily fuel oil, diesel fuel and gasoline, and liquefied gases. Part of this flow will rush to the Russian ports and inland waterways, which will create additional opportunities for stevedoring and shipping businesses in the Caspian region and for shipbuilders.