Turkmenistan-China - Turkmen President Gurbanguly Berdymukhamedov November 22 began a four-day visit to China, and concluded the visit on Friday. During his stay in Beijing, Berdymukhamedov held talks with Chinese President Hu Jintao and met with top Chinese legislator Wu Bangguo and Premier Wen Jiabao. The visit is Berdymukhamedov's third state visit to China since he assumed the presidency in 2007.
Berdymukhamedov traveled to south China's Shenzhen and Hong Kong on Nov. 24 and 25. In Shenzhen, he met with secretary of the Guangdong Provincial Committee of the Communist Party of China (CPC) Wang Yang. Turkmen natural gas began flowing to Guangzhou, Guangdong Province, during a ceremony in Shenzhen, where visiting Turkmen President Gurbanguly Berdymukhamedov and other dignitaries communicated via television with Chinese pipeline workers in Guangzhou. The gas is expected to help relieve an energy shortage in densely populated, industrialised southern China. Turkmen gas is expected to reach Shenzhen by the end of 2011 and Hong Kong by the second half of 2012. According to Wang Yang, the governor of Guangdong, one of the country's most prosperous regions, the province's demand for gas is expected to reach 60 billion cu m by the end of 2020, against 9 billion cu m in 2010.
During the visit, the two sides issued a joint statement on Wednesday in Beijing saying that they would establish a long-term, stable and strategic energy partnership. In particular, the two countries signed a deal that will allow Turkmenistan to increase its natural gas supply to China up to 65 billion cubic meters (cu m) from the current contracted delivery volume of 40 bcm annually via pipelines. This will support China's rising demand for the fuel and its efforts to cut emissions.
"Kommersant" draws attention to the fact that Turkmenistan intends in future to deliver more gas to China than it has ever sold to Russia before (about 42 billion cubic meters per year until 2008, now supplies dropped to 11 billion cubic meters). The parties did not mention When exactly Turkmenistan will be able to deliver 65 billion cubic meters gas per year. According to a source having access to the negotiation, it will not happen before 2014-2015.
China will purchase the additional gas at the price China is paying now ($250 per thousand cubic meters), lower than the price on the European market ($400). In return, China is ready to finance further development of the South Yoloten (the country has already invested in it $ 4 billion) and to participate in expanding the capacity of the Turkmenistan-Uzbekistan-Kazakhstan-China gas pipeline.
This Turkmenistan-China gas deal raised Russia's concern that it could make the Russia-China gas deal more difficult to reach, because Russia is losing the Chinese market to Turkmenistan. However, on the other hand, it also makes the deal between Turkmenistan and the EU harder, which is in Russia's interests.
Among other documents signed during the visit - an agreement on cooperation in the field of education, training of police, anti-money laundering and counter terrorism, extremism and separatism.
Russia-Uzbekistan - Russia remains the largest trade partner of Uzbekistan. Russia's share amounted to 24.3% of Uzbekistan's turnover for the first nine months of this year. The volume of export and import transactions between Uzbekistan and Russia for the first nine months of this year increased by 5.64% to 4.591 billion dollars, compared to the same period of 2010. The exports of Uzbekistan to Russia amounted to 2.92 billion dollars, while imports from Russia - 1.66 billion dollars. The five largest trading partners of the Republic also includes Kazakhstan, China, South Korea and Turkey.
Kazakhstan - President Nursultan Nazarbayev of Kazakhstan claimed that Kazakhstan has entered the top three countries with the fastest growing economies, summing up the development of the country for twenty years of independence at the regular convention of the party "Nur Otan" on Friday in Astana. He also said that Kazakhstan has entered the top twenty countries in terms of attractiveness to investments.
Meanwhile, Kazakhstan has become the world’s top uranium producer, OilPrice.com reported November 24. Now producing 33% of worldwide mined uranium, Kazakhstan leads Canada (18%) and Australia (11%). Until two years ago, Kazakhstan was the third-leading producer. The country mined 13,957 tonnes of uranium from January to September, according to state-owned Kazatomprom.
Articles referred to in this post:
"Бердымухамедов прибыл с визитом в Китай" (Berdymukhamedov begins China visit)
"Туркменистан начал поставки газа на юг Китая" (Turkmenistan begins supplying gas to southern China)
"Туркмения пообещала увеличить экспорт газа в Китай" (Turkmenistan promised to increase its gas exports to China)
"Китай и Туркмения расширили газовое сотрудничество" (China-Turkmenistan gas cooperation extended)
"Туркмения обязалась поставлять в Китай до 65 млрд кубометров газа" (Turkmenistan committed itself to supply China with 65 billion cubic meters of gas)
"土库曼斯坦增加对华供气量对俄罗斯有利有弊" (Turkmenistan increases gas supply to China-both good and bad for Russia)
"Туркмения выбила "Газпром" с рынка Китая" (Turkmenistan has beaten "Gazprom" on the Chinese market)
"Новый договор Китая с Туркменией о поставках газа может осложнить переговоры страны с "Газпромом", - эксперт" (The new treaty between China and Turkmenistan on gas supplies could complicate the negotiation between China and "Gazprom" - expert)
"Из Туркмении дешевле" (Cheaper from Turkmenistan)
"Россия остается крупнейшим торговым партнером Узбекистана" (Russia remains the largest trade partner of Uzbekistan)
"Товарооборот Узбекистана с Россией за 9 месяцев превысил $4,58 млрд" (Turnover between Uzbekistan and Russia for the first 9 months of 2011 exceeded $ 4.58 billion)
"Назарбаев: Казахстан вошел в первую тройку стран мира с быстрорастущей экономикой" (Nazarbayev: Kazakhstan has entered the top three countries with the fastest growing economies)
"Казахстан - крупнейший производитель урана в мире" (Kazakhstan now world’s top uranium producer)
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