Turkmenistan Power Q2 2020
Turkmenistan's power market remains one of the least attractive both regionally and globally. Extensive state control ofthe sector, a surplus of domestic supply against consumption and weak economic growth will continue to undermine any growthpotential created by the country's substantial natural gas reserves, and our forecasts for capacity and generation growth in 2020and beyond remain muted. As such state-owned utility Turkmenenergo State Electric Energy Corporation will continue to dominatethe market and without significant policy reform, we do not see any real scope for the entry of new foreign power companies.
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