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News China to invest $3bn. in Turkmenistan oil field

China will lend $3bn. to Turkmenistan to develop the natural gas field in South Yolotan. A pipeline 7000km. in length between the two ocuntires is expected to be completed this year, with an annual capacity of 40 bn. cu. m. of gas.

Concerned URL http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.google.com/hostednews/ap/article/ALeqM5gXZm-f2LeUyRm3A-6eOVMF9FsyygD98L651O0&cid=1254338448&ei=vVcvSpa2K6XmNYeqzeUO&usg=AFQjCNG7VLutczCRS9MpvDUv-F-m6A6K-A [open in new window]
Source of information Associated Press
Release date 10/06/2009
Contributor David Conway
Geographical coverage Turkmenistan
Keywords gas, investment

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