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China imports 5.7 billion cubic meters of gas from Turkmenistan

Oil&Gas Materials 13 June 2011 14:47 (UTC +04:00)

Turkmenistan, Ashgabat, June 13 / Trend, H. Hasanov /

The China National Petroleum Corp (CNPC) imported about 5.7 billion cubic meters of gas from Turkmenistan in January-May.

The Central Asian gas pipeline with a designed capacity of 30 billion cubic meters of gas was constructed by CNPC and commissioned in December 2009.

It enabled Turkmenistan to expand its sale markets, which were before limited to Russia and Iran.

Ashgabat and Beijing are in talks to double the capacity of supplies. It is expected that the signing of the relevant contract will be carried out within Turkmen President Gurbanguly Berdimuhammadov's official visit to China scheduled for 2011.

The CNPC works in Turkmenistan based on an exclusive PSA to develop onshore Bagtiyarlik Field in the country's Lebap region.

China is supposed to receive 17 billion cubic meters of gas from Central Asia this year.

By 2012, the Hong Kong Special Administrative Region may also import fuel via a pipeline from Central Asia. CNPC is laying a pipeline on the seabed with a length of 29.3 kilometers that will connect the mainland part of China and Hong Kong.

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