Middle East Economic Survey
VOL. LII
No 24
15-Jun-2009
CASPIAN
China Grants Turkmenistan $3Bn Loan For South Yolotan Gas Development
China has granted a $3bn loan to Turkmenistan to speed up the development of the South Yolotan gas field, which lies near the countrys southeastern border with Uzbekistan, the Neutral Turkmenistan newspaperreported on 6 June. South Yolotan has estimated gas in place of up to 14 trillion cu ms. Chinas CNPC is helping to build a pipeline to take gas from eastern...
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