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Turkmenistan completes China pipeline work: report
Ashgabat (AFP) Oct 23, 2009 Turkmenistan has completed construction on its part of a 7,000 kilometre (4,350 mile) natural gas pipeline from Turkmenistan to China, state media announced Friday. "Work on the Turkmen section of the Turkmenistan-Uzbekistan-Kazakhstan-China gas pipeline... is complete," state newspaper Neutral Turkmenistan reported. The pipeline, which will transport Turkmen natural gas from the Caspian Sea across Central Asia to energy-hungry China, is due to begin operations in December, state media has reported. Turkmenistan, an energy-rich but isolated ex-Soviet nation, is believed to have some of the biggest gas reserves in the world, nearly all of which is currently exported to Russia via a network of ageing Soviet-era pipelines. A pipeline explosion earlier this year sparked a row with Russian energy giant Gazprom that saw exports of Turkmen natural gas almost completely cut off, prompting Ashgabat to accelerate efforts to secure alternative routes. China National Petroleum Corp. (CNPC) has signed a 30 year accord to import up to 30 billion cubic metres of gas a year through the new pipeline. China has signed several major deals to get new energy imports from Central Asia. Share This Article With Planet Earth
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Nigeria seeks to buy off oil rebelsAbuja, Nigeria (UPI) Oct 22, 2009 Nigeria's government plans to allocate 10 percent of its oil revenue for the troubled Niger Delta region, which produces most of the country's crude, in a new bid to stamp out a tribal insurgency that has cut oil output by one-third. But critics say that the money, far from appeasing the impoverished Ijaw tribes of the swampy region and buying off the rebels, will only vanish into ... read more |
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