After some initially-confused western reporting, it’s now clear Russia’s Gazprom finally did close a long-term natural gas deal with Chinese national oil company CNPC. However, there is still wide speculation about the agreed price – a sticking point that held up the deal’s closure for a decade – and equally if not more importantly, questions… Keep reading →
It appears increasingly likely that Russia’s Gazprom will finally ink a long-term natural gas supply deal with Chinese national oil company CNPC next week, although price negotiations continue, as they have for over a decade. China is set to receive greater volumes of gas from Turkmenistan – and recently met with the country’s President Gurbanguly… Keep reading →
European Union countries’ ongoing drive to increase natural gas supply diversity – and lessen reliance on Russia – hinges on new pipeline projects, particularly the Southern Gas Corridor that would transport gas from the Azerbaijan to the European continent. During the recent Caspian Forum held in New York City, EU Special Representative for Central Asia,… Keep reading →
Jennifer Lopez performed in Turkmenistan over the weekend at the request of a major Chinese state-owned oil company, only to be dismayed when she – or her handlers – discovered Turkmenistan’s less-than-stellar human rights record. China National Petroleum Corporation – parent of listed subsidiary Petro China – reportedly requested Lopez sing “Happy Brithday” to Turkmen… Keep reading →
