Turkmen-China gas pipeline will promote regional development

Oct 26, 2007 02:00 AM

Turkmen President Kurbanguly Berdymukhamedov said in the capital city Ashgabat that the construction of a Turkmenistan-China natural gas pipeline would be an important factor in regional stability and development.
The president expressed satisfaction over the development of bilateral relations with China, saying that Chinese Premier Wen Jiabao's upcoming visit to Turkmenistan would be an important step for promoting bilateral cooperation.

According to Berdymukhamedov, bilateral cooperation between the two countries in various fields including energy, textiles, transportation and communications would be high on the agenda during Wen's visit.
China National Petroleum Corporation (CNPC) signed a production sharing contract and a gas sales and purchase agreement with Turkmenistan in July to import 30 bn cm of gas annually through the planned Central Asia Gas Pipeline for 30 years.

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