Middle East Economic Survey
VOL. LIII
No 34
23-Aug-2010
CASPIAN
Turkmenistan Asks For Chinese Loan For South Yolotan, Starts BTC Exports
Fourteen months after Chinas state-owned China Development Bank (CDB) extended a $4bn soft loan to the Turkmen government, and eight months after CDB lent Turkmenistan $3bn for the development of South Yolotan gas field, Ashgabat has again turned to Beijing for financial assistance. On 12 August Turkmen President Gurbanguly Berdymukhamedov told a televised...
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