Turkmenistan increased natural gas supplies to China in May
06:45 21.07.2023 7881
In May this year, Turkmenistan exported 2.73 billion cubic meters of natural gas to China, which is 5% more compared to the same period in 2022. This is reported by Interfax with reference to the customs of China.
In total, China imported 13.51 billion cubic meters of “blue” fuel in May, which is a historical maximum for this month. Experts call the growth of the Chinese economy after the removal of COVID-19 restrictions a key factor in the high growth dynamics of the global energy market.
In May this year, at the Central Asia-China Summit, President of Turkmenistan Serdar Berdimuhamedov continued on the implementation of new projects to increase the supply of Turkmen blue fuel to China.
In turn, Chinese President Xi Jinping supported the acceleration of the construction of the 4th line of the Turkmenistan-China gas pipeline, which will increase the total capacity of this pipeline to 65 billion cubic meters of gas per year.
Foreign and domestic companies actively purchased fuel and energy products at exchange trades
34 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Fuel and energy complex products were sold at the exchange auctions to the external and domestic markets
17 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Presidents of Turkmenistan and Iran discussed prospects for developing multilateral cooperation by phone
On Monday, a telephone conversation took place between President of Turkmenistan Serdar Berdimuhamedov and President of the Islamic Republic of Iran Masoud Pezeshkian, TDH reports.
President of Turkmenistan and Prime Minister of Pakistan discussed partnership in the energy sector by phone
President of Turkmenistan Serdar Berdimuhamedov and Prime Minister of Pakistan Muhammad Shahbaz Sharif discussed issues of enhancing cooperation in the energy sector in a telephone conversation on March 31, TDH reports.
Refined products were in the lead in the auctions
At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, 47 transactions were registered last week.