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Difficulties Remain for a Turkmen-China Energy Deal

A Eurasianet partner post from <a href="http://www.stratfor.com/">Stratfor</a&gt;

Turkmenistan and China are negotiating an expanded natural gas supply and loan agreement. Many crucial issues must be resolved before the two can finalize a deal. Ashgabat and Beijing have not yet agreed on a price for Turkmen natural gas exports to China, and any deal between the two will have to gain approval from the transit states of Kazakhstan and Uzbekistan and, ultimately, from Russia.

Turkmen Deputy Prime Minister Baymyrat Hojamuhammedov said March 3 that Turkmenistan and China are still negotiating an expansion of a natural gas supply and loan agreement. This follows reports of a deal that Hojamuhammedov and Chinese officials made during a March 1 meeting, under which Turkmenistan will increase its natural gas exports to China by 20 billion cubic meters (bcm) per year. As Hojamuhammedov’s comments indicate, the deal is not official. An intergovernmental framework agreement is scheduled to be signed in the second half of 2011, when Turkmen President Gurbanguly Berdimukhammedov is expected to visit China.

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A Eurasianet partner post from <a href="http://www.stratfor.com/">Stratfor</a&gt;

Difficulties Remain for a Turkmen-China Energy Deal

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