Middle East Economic Survey

VOL. LIV

No 18

2-May-2011

CASPIAN

China Extends Strategic Influence Over Turkmen Gas

China has further expanded its strategic presence in Turkmenistan by extending another major financial package agreement that would be translated by 2020 into the export of an additional 20 bcm/year of South Yolotan gas to China via an extended Central Asia to China gas pipeline system. Less than two months after an initial loan agreement was signed in Beijing (MEES, 7 March) the...