Middle East Economic Survey

VOL. LIV

No 10

7-Mar-2011

CASPIAN

Turkmenistan And China Sign Preliminary Deal For Expansion Of Gas Exports

Baymurad Hodjamukhamedov, Deputy Chairman of Turkmenistans cabinet, and Chinas Deputy Prime Minister Wang Qishan signed a preliminary agreement in Beijing on 2 March for the expansion of Turkmen gas exports to China via the Central Asian pipeline by 20 bcm/year. The agreement is dependent on the provision of soft loans by the Chinese Development Bank to...