中文版

Contact us: 086 010 51915010

Slide 1
  • Your are here:
  • Homepage
  • news
  •   China-Turkmenistan co-op consolidates energy corridor

News


China-Turkmenistan co-op consolidates energy corridor


2014-09-01 09:11:13


\

MOSCOW/ASHGABAT - The construction of energy corridor in central Asia is to enter a new stage as Chinese Vice Premier Zhang Gaoli called for further energy cooperation with Turkmenistan during his visit to the country.

China will closely cooperate with Turkmenistan in further advancing the construction of natural gas pipelines linking the two countries and jointly boost safe transportation of energy, Zhang said on Wednesday when meeting with Turkmen President Gurbanguly Berdymukhamedov.

He said China is ready to deepen trade and economic cooperation with Turkmenistan, which has given high priority to natural gas programs.

Zhang also suggested the two sides jointly develop major projects of interconnectivity, infrastructure construction and cargo transit through China's sea ports.

Implementation of consensus

Zhang's trip to the central Asian country is aimed at implementing the important consensus reached by Chinese President Xi Jinping and his Turkmen counterpart Berdymukhamedov.

In the joint declaration issued during Xi's visit to Turkmenistan last September, the two heads of state pledged to take measures to guarantee a safe and stable operation of Line A and Line B of the Turkmenistan-China natural gas pipelines, as well as a sound implementation of the natural gas project on the right bank of Amu Darya, a major river in central Asia.

When Berdymukhamedov visited China in May, the two countries signed a number of cooperation agreements in such areas as energy, agriculture, transportation, finance, culture and local exchanges.

During Zhang's visit to Turkmenistan, he said the exchange of visits by presidents of the two countries within a year has elevated the China-Turkmenistan strategic partnership to a new height and made important strategic arrangements for bilateral cooperation in all areas.

At the third meeting of the China-Turkmenistan Cooperation Committee, Zhang urged the committee to strengthen strategic cooperation on energy by securing safe and stable operation of the natural gas pipelines.

The committee was established in late November 2010 aimed at promoting long-term, pragmatic and comprehensive cooperation between the two countries.

Experts said Zhang's visit will help implement the bilateral agreements reached, promote the building of the Silk Road economic belt, and deepen all-around cooperation.

Cement energy corridor

China's cooperation with Turkmenistan is an integral part of the central Asian all-win cooperation, represented by the construction of the China-central Asia natural gas pipelines spreading on the territories of Turkmenistan, Kazakhstan, Uzbekistan and China.

The 1,830-km-long line C, parallel to Line A and Line B, started to transport natural gas to China in June at the Turkmen-Uzbek border and runs through central Uzbekistan and southern Kazakhstan before reaching China's northwestern region of Xinjiang.

Line A was launched in December 2009, and Line B in October 2010. The construction of Line D is expected to be launched at the end of this year and ready for gas transmission in 2016.

By then, the combined gas transmission of the pipelines is set to reach the target of 65 billion cubic meters per year.

Vowing to develop a long-term, stable and mutually beneficial energy strategic partnership, China and Kazakhstan agreed in May to speed up the construction of more cross-border crude oil and gas pipelines.

The network of crude oil and gas pipelines has brought about substantial benefits to all the countries concerned.

The China-Turkmenistan gas pipelines have transmitted more than 90 billion cubic meters of natural gas over the past few years. China has become the top trading partner and natural gas export market for Turkmenistan for the last three years.

Meanwhile, China and Uzbekistan last week signed deals worth over $6 billion, ranging from trade, loan to the construction of natural gas pipelines and treatment plants.

Central Asia is considered the world's second largest source of oil and gas after the Persian Gulf with over 30 billion tons of exploitable crude and more than one trillion cubic meters of natural gas.

Energy cooperation has prompted rapid growth of trade volume between China and four central Asian countries, namely Kazakhstan, Uzbekistan, Tajikistan and Kyrgyzstan, which increased 13 percent year on year to $40.2 billion in 2013, data from China's Ministry of Commerce showed.

China's initiatives of building the Silk Road economic belt and a 21st-century maritime Silk Road were put forward by Chinese President Xi Jinping during his two separate visits to central Asia and Southeast Asia last fall.

Our Publications

    China5e provides clients with standard products

    and tailored information solutions to facilitate their business.

  • Journal
  • Report

Our Services

    China5e strives to deliver timely and cost effective energy information and professional market research services while maintaining the highest standards of integrity, dedication, and confidentiality.

  • Information Service
  • Consulting
  • Event Management

Contact us

    Address: 14/F Building A, Zhongya Mansion,8 Beifengwo Street, Beijing 100038 China
    Tel:86-10-51915030
    Fax:86-10-51915237