Forum Views ()
Forum Replies ()
Read more with google mobile :
Turkmenistan to boost gas deliveries to China
Yahoo!
My Yahoo!
Mail
More Yahoo! Services
Account Options
New User? Sign Up
Sign In
Help
Yahoo! Search
web search
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Weekend Edition
Singapore
Asia Pacific
World
Turkmenistan to boost gas deliveries to China
By ALEXANDER VERSHININ,Associated Press -
Wednesday, March 2
Send
IM Story
Print
ASHGABAT, Turkmenistan – Energy-hungry China is set to sign an agreement with the Central Asian nation of Turkmenistan later this year to boost its future annual natural gas purchases by 20 billion cubic meters, state newspaper Neutral Turkmenistan reported Wednesday.
The deal means Turkmenistan's annual gas sales to China will eventually reach 60 billion cubic meters _ equivalent to more than half China's entire natural gas consumption last year.
Turkmenistan began delivering gas to China through a newly completed pipeline in late 2009, but that route is only expected to reach full annual capacity of 40 billion cubic meters by 2015. As of mid-February, Turkmenistan had supplied 5.8 billion cubic meters of gas through the pipeline, according to Chinese oil company CNPC.
New pipelines will need to be built to allow the planned increase in deliveries.
Turkmen President Gurbanguli Berdymukhamedov is set to visit China later this year to formalize the deal.
Neutral Turkmenistan also reported that the China State Development Bank has agreed to loan state gas producer Turkmengaz an unspecified amount of money. The bank has already issued soft loans to Turmengaz worth $4 billion.
Turkmenistan already has existing gas contracts with Russia and Iran, and has expressed ambitions to also begin exporting to Europe, Afghanistan, Pakistan and India. Some energy experts have expressed skepticism about the Central Asian nation's ability to meet that much demand, however.
Beijing has been actively tapping into Central Asia's vast energy potential for several years now, but the last few weeks have seen an notable uptick in Chinese investment in the region.
In February, Kazakhstan signed a long-term contract worth several billion dollars to supply uranium to China, part of a cooperation program with Guangdong Nuclear Power Co.
Kazakh media cited President Nursultan Nazarbayev as saying Kazakhstan could eventually provide China with up 40 percent of its uranium requirements.
___
Associated Press writer Peter Leonard in Almaty, Kazakhstan, contributed to this report.
Recommend
Send
IM Story
Print
Related Articles
GLOBAL MARKETS-Oil, gold rise on Libya; U.S. stocks up on Fed Reuters - 22 minutes ago
US-BUSINESS Summary Reuters - 28 minutes ago
Gold mine group opposes planned U.S. disclosure rule Reuters - 28 minutes ago
Deals of the day -- mergers and acquisitions Reuters - 36 minutes ago
Instant View: Apple CEO Jobs takes stage at iPad event Reuters - 38 minutes ago
News Search
Top Stories
Libya: live report
Two US airmen shot dead at German airport
Expressionism meets fashion on day two of Paris shows
Kadhafi warns of bloodbath if West intervenes
US growth 'modest to moderate': Fed
More Top Stories »
Related Full Coverage
China Economychina economy
All Full Coverage »
ADVERTISEMENT
Most Popular
Most Viewed
Gold hits new record
Libya: live report
On the nose: Sharks are stunning navigators
Global warming means more snowstorms: scientists
'Celebrity' WWI survivor to mark 110th birthday
More Most Viewed »
More Most Recommended »
Elsewhere on Yahoo!
Financial news on Yahoo! Finance
Stars and latest movies
Best travel destinations
More on Yahoo! News
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Weekend Edition
Subscribe to our news feeds
Top StoriesMy Yahoo!RSS
» More news feeds | What are news feeds?
Also on Yahoo!
Answers
Groups
Mail
Messenger
Mobile
Travel
Finance
Movies
Sports
Games
» All Yahoo! Services
Site Highlights
Singapore
Full Coverage
Most Popular
Entertainment
Photos
Yahoo! News Network
Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved.
Terms of Service |
Privacy Policy |
Community |
Intellectual Property Rights Policy |
Help
Other News on Thursday, 3 March 2011 Libya: live report
French court looms for designer Galliano despite apology
In surprise appearance, Jobs unveils iPad 2
Kadhafi warns of bloodbath if West intervenes
US Congress OKs plan to avert shutdown, for now
US-TECH Summary
Gunman kills two U.S. airmen at Frankfurt airport
|
Scores killed in Sudan flashpoint clashes
Contact established with hostages, pirates: Denmark
Kadhafi warns of bloodbath if West intervenes
HBO Go expands TV and movie programming
Merkel plays it safe after star minister quits
US commander Petraeus apologises over Afghan deaths
Witness: In fiery speech, Gaddafi says will not surrender
|
Ireland's O'Brien hits fastest World Cup century
Russia decorates Gorbachev on 80th birthday
UAE to invest in poorer northern emirates
Eye-controlled laptop turns heads at high-tech fair
Gorbachev decorated with Russia's highest honour
U.S. assault ships clear Suez, enter Mediterranean
|
In 'E-stonia' election, mouseclick replaces pencil and paper
Rival rallies demand reforms, back sultan in Oman
|
S. Korea expands high-speed wireless coverage
NATO apologizes for killing 9 Afghan civilians
Iran ships to return via Suez Canal, says official
|
'Telepresence' robot makes waves at tech fair
NYTimes.com to start charging readers 'shortly'
Pope book says Jews not guilty of Jesus Christ's death
|
Eye-controlled laptop turns heads at high-tech fair
Bangladesh orders Nobel laureate from microlender
Kyrgyzstan may slap new tax on US base
Kyrgyzstan wants to slap tax on US base
Bangladesh microlender says founder is staying
Japan scrambles F-15 as China jets near airspace
Timeline: Apple milestones and product launches
|
HBO Go expands TV and movie programming
|
Pakistani stocks end up; rupee firms; o/n rates flat
Galliano wins cyber-squatting case at U.N. agency
|
Military to help develop energy storage device
|
Turkmenistan to boost gas deliveries to China
Judge bars Charlie Sheen from kids, ex-wife
|
Keith Richard's daughter arrested for graffiti, drugs
|
Purple Rain artist Prince sued by former lawyers
|
Lindsay Lohan hopes to regain trust of Hollywood
|
Designer Galliano to go on trial over racist insults
|
Designer Galliano apologizes for behavior
|
Iran ships to return via Suez Canal, says official
Dutch government dealt election blow in Senate
China rights group slams 'repression', web curbs
World first artificial bronchus graft in France
Asian shares make gains despite oil fears
"Peregrine" to take flight as Japan's newest train
Dutch government unlikely to get senate majority: exit poll
Arab unrest sends oil higher in Asia trade
In surprise appearance, Jobs unveils iPad 2
Expressionism meets fashion on day two of Paris shows
Adele earns first #1 album on Billboard with "21"
Markets expect tough European bank inflation talk
Gaddafi rebels look to Tripoli, peace plan mooted
|
U.S. files 22 new charges against WikiLeaks soldier
Timeline: Apple milestones and product launches
Trial for accused CIA shooter resumes in Pakistan
|
Galliano wins cyber-squatting case at U.N. agency
Military to help develop energy storage device
Pakistan media warns of growing chaos as minister slain
|
Germany probes killings of US airmen
Manchester City, Arsenal advance to FA Cup quarters
Afghans, Western backers in contact with Taliban: Karzai
|
Top U.S. officials cautious on Libya no-fly zone
Two US airmen shot dead at German airport
Q+A
Bangladesh Nobel winner begins legal fight over removal
|
Doubts surround Gaddafi's chemical weapons arsenal
Two US airmen shot dead at German airport
Pakistan media warns of growing chaos as minister slain
US growth 'modest to moderate': Fed
U.S. court allows military funeral anti-gay protests
Special report
Pakistan again delays trial of accused CIA shooter
South Korea says 4 North Koreans defect
|
New Zealand civil defence abandons search for quake survivors
New Zealand civil defense abandons search for quake survivors
|
Ivory Coast fighting spreads to southern Abidjan
|
Malaysia lukewarm on Australia asylum centre plan
Morocco frees jailed senior air force officer-lawyer
|
Thousands doing all they can to flee Libya
Diane Lane to play Superman's hot mom
Journalist attacked in eastern Indonesia
Police: 40 die in road crashes in Indian mountains
Nepal's ex-rebels agree to join new government
Seoul shares rebound on U.S. data, bargain-hunting
China warns int'l media not to cover protest calls
S.Korea T-bond futures sink on rate hike outlook
Pakistan
Asian models conquer world's catwalks and billboards
NZ civil defence abandons search for quake survivors
US-ENTERTAINMENT Summary
Seoul shares rebound as foreign buying returns
Apple's Jobs puts on lively iPad 2 show
|
Justin Bieber apologizes for middle-finger salute
"Blade Runner" reboot in the works
NZ 2019 govt bonds yield 5.43 pct at tender
Seoul shares open up; Hyundai Motor, LG Elec rise
Actor Mickey Rooney tells Congress of abuse
U.S. files 22 new charges against WikiLeaks soldier
|
Berkshire Hathaway enters India insurance market
Diane Lane to play Superman's hot mom
SKorea's reserves hit second straight record high
Anthony Doerr wins Story Prize for short literature
Peregrine to take flight as Japan's newest train
|
Judge bars Charlie Sheen from kids, ex-wife
Man who chomped on rival's ears after Facebook spat sentenced to prison
Keith Richard's daughter arrested for graffiti, drugs
Pizzeria owner in mice-planting case to seek psychiatric test
Galliano faces trial, Dior keeps the show going
Antique dealer sentenced for trafficking narwhal tusks
Rutgers University latest school to offer co-ed rooming
Former Attorney General claims immunity in lawsuit by Arab man
Miley Cyrus goes "So Undercover" in October
Local leaders, school officials react to WI governor's budget address
Christina Hendricks is Vivienne Westwood's new muse for jewelry collection
Miranda Lambert, Jason Aldean to perform at ACM Awards
FL lawmakers sue governor for rejecting high-speep rail money
Justin Bieber apologizes for middle-finger salute
|
Actor Mickey Rooney tells Congress of abuse
|
Anthony Doerr wins Story Prize for short literature
|
Blade Runner reboot in the works
|
Diane Lane to play Superman's hot mom
|
Dine-and-dash accusation against actor Gary Collins dismissed
|
Chechen rebel urges 'total war' with Russia
'Cyberwar' talk invades world's top high-tech fair
Libya live report
No evidence yet of spying at Renault: French police
Santander, BlackRock 'eye' Citigroup unit
Britain clears way for News Corp/BSkyB deal
Egypt's prime minister quits after calls for purge
|
WikiLeaks' Assange appeals against UK extradition
|
Frankfurt attack may be linked to radical Islamism
|
WikiLeaks' Assange appeals extradition
China to unveil defense budget to nervous region
|
Microfinance guru challenges dismissal from bank
Yemen to respond on reforms, activists skeptical
|
Bahrain opposition drops pre-conditions for talks
|
WikiLeaks: How the Cola war was won in Libya
|
Kyrgyz vote on US base postponed
Race for championship wide open in Korea's soccer league
Suicides by jobless young Japanese soar
South says 4 North Koreans defect
Australia wanted to curb China resource investment
Approval for Bob Dylan China concerts pending
Malaysia's Proton signs tech deal with Nissan
Depp on Jolie: She's a 'shockingly great mother'
Twitter's Stone: no IPO or funding talks
|
Beyonce says she donated Gaddafi performance fee
|
Galliano faces trial, Dior keeps the show going
|
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights