Monday, August 27, 2007

TURKMENISTAN GAS TO CHINA


Second West-East Pipeline Project had been approved by the Chinese government, and that CNPC would be the sole investor.

to go on-stream in 2010. Construction will start in 2008

the Second West-East Pipeline will start at Horgas in Xinjiang and end at Guangzhou in the south and Shanghai in the east

The pipeline will pump natural gas from Central Asia, mainly from gas-rich Turkmenistan.

Turkmen President Gurbanguly Berdymukhammedov.. CNPC and Turkmenistan's national gas company Turkmengaz signed a purchase and sale agreement on natural gas supplies.

Under the deal, the ex-Soviet country will supply 30 billion cubic meters of gas to China annually.

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