Turkmenistan Only Has One Customer For Its Natural Gas ...Middle East

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Turkmenistan Only Has One Customer For Its Natural Gas
source : OILPRICE ( Middle East ) () 18
Turkmenistan talks a big game about diversifying export markets for its natural gas, but China will be the only major customer for the foreseeable future. The scale of the quasi-monopsonistic reality that Ashgabat confronts was laid bare anew on June 18 in a speech President Serdar Berdymukhamedov gave in the Lebap province at the official opening of a gas storage facility built by the China National Petroleum Corporation, or CNPC. Berdymukhamedov talked fulsomely about the importance of the 1,830-kilometer Turkmenistan-Uzbekistan-Kazakhstan-China…

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