Washington Post, February 24, 2010 on page H2:
The TransAsian pipeline cost $6.7 billion to build and is the first gas pipeline out of the Caspian Region that runs east, linking Turkmenistan's massive gas basin with China's West-East Gas Pipeline. The pipeline will carry up to 40 billion cubic meters of gas by 2013, accounting for half of China's gas needs.
China's growing importance in the region has gotten the attention of the Kremlin: Prime Minister Putin signed a deal that promises to deliver 68 bcm a year to China through two new pipelines starting in Siberia.
Here is a good reference for readers re Sino-American Economics of Energy in globalization.
Francis Shieh a.k.a. Xie Shihao, an observer of economics in the global context. In Pin Yin: "lai long qu mai" in 4 Chinese words to assess the etiology with impact of economic development in humanity.
Wednesday, February 24, 2010 at 9.18 a.m.
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