China secures landmark deal to buy 40 billion cubic meters of Turkmen natural gas annually

October 8th, 2009 Natural gas stocks grow more than expectedNEW YORK — Natural gas stockpile levels rose more than expected last week, topping last week's record to reach a new high, the government said Thursday. The Energy Department's Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states grew by 69 billion cubic feet to about 3.66 trillion cubic feet for the week ended Oct 2.

October 1st, 2009 Natural gas stocks rise to highest level everNEW YORK — Natural gas stockpiles rose last week as expected, the government said Thursday. For the week ended Sept.

September 24th, 2009 Ahead of the Bell: Rise in gas reserves expectedNEW YORK — The Energy Department on Thursday is expected to report a build of 66 billion to 70 billion cubic feet of natural gas storage inventories for the week ended Sept. 18, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

September 24th, 2009 Natural gas stocks grow as expectedNEW YORK — Natural gas stockpile levels rose last week, the government said Thursday. The Energy Department's Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states grew by 67 billion cubic feet to about 3.53 trillion cubic feet for the week ended Sept.

August 13th, 2009 Natural gas stocks grow less than expectedNEW YORK — Natural gas stockpile levels rose less than expected last week, but they're still well above last year's levels, the government said Thursday. The Energy Department's Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states grew by 63 billion cubic feet to about 3.15 trillion cubic feet for the week ended Aug.

July 28th, 2009 Turkmenistan eyes gas sales to BritainASHGABAT, Turkmenistan — Turkmenistan's president has said his energy-rich country wants to export natural gas to Britain as part of its strategy to find new markets, state media reported Tuesday. The remarks provide a further boost to European hopes of tapping into the Central Asian nation's vast gas holdings and gradually reducing dependence on supplies from Russia.

July 17th, 2009 Turkmens, RWE sign energy exploration dealASHGABAT, Turkmenistan — German energy giant RWE AG has signed a deal with Turkmenistan to develop oil and gas fields off the energy-rich country's Caspian shore, state-run media said Friday. The agreement is another breakthrough in European efforts to tap Turkmenistan's lucrative energy resources and could help efforts to diversify European gas deliveries away from Russia.

July 16th, 2009 Turkmens, Azerbaijan discuss gas-rich sea borderASHGABAT, Turkmenistan — Turkmenistan and Azerbaijan have begun talks to agree on a border in the energy-rich Caspian Sea, the Turkmen foreign ministry said Thursday, a move that boosts prospects for a Western-backed pipeline project to pump gas to Europe. The feasibility of the Nabucco pipeline — planned to connect eastern Turkey with the lucrative European market — rests heavily on its ability to tap into the Caspian region's vast energy resources.

July 16th, 2009 Natural gas reserves increase as expectedNEW YORK — Natural gas stockpile levels jumped last week, though the increase met expectations and demand for the fuel continues to sag, the government said Thursday. The Energy Department's Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states rose by 90 billion cubic feet to about 2.89 trillion cubic feet for the week ended July 10.

July 12th, 2009 Turkmenistan plans gas pipeline to IranASHGABAT, Turkmenistan — Turkmenistan has agreed to build a new pipeline to supply natural gas to Iran from a field previously reserved for deliveries to Russia, the Turkmen Foreign Ministry said in a statement Sunday. The deal appears to be part of an effort by the energy-rich Central Asian nation to reduce its dependence on Russia, the main market for its gas exports.

June 29th, 2009 Poland signs long-term deal with QatargasWARSAW, Poland — Poland signed a $550 million contract with Qatargas on Monday to receive 1.5 billion cubic meters of natural gas per year over 20 years, officials said. "It is the first long-term contract since 1993 which increases our energy security in real terms," Polish treasury minister Aleksander Grad said.

June 25th, 2009 China, Turkmenistan seal landmark energy dealASHGABAT, Turkmenistan — China signed a 30-year deal to increase purchases of natural gas from Turkmenistan by 30 percent, state media reported Thursday — a landmark agreement for Beijing as it competes with Moscow for access to Central Asia's energy wealth. No value was announced for the deal, which also marks another step forward in Chinese efforts to find long-term, stable energy supplies.

June 7th, 2009 China, Turkmenistan seal $3 billion energy loanASHGABAT, Turkmenistan — China will lend energy-rich Turkmenistan $3 billion to develop its vast South Yolotan natural gas field, Turkmen state media reported Saturday. The loan marks a key step in Chinese efforts to secure long-term energy supplies from ex-Soviet Central Asia and will likely loosen Russia's grip over Turkmenistan's gas exports.

June 4th, 2009 Natural gas stockpiles grew more than expectedNEW YORK — Natural gas stockpiles rose more than analysts expected last week, the government said Thursday, as demand continues to lag. The Energy Department's Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states rose by 124 billion cubic feet to about 2.34 trillion cubic feet for the week ended May 29.

April 23rd, 2009 World energy rivals meet in TurkmenistanALMATY, Kazakhstan — Russia has had a lock on Central Asia's energy riches since the Soviet collapse. But, as representatives from key countries gather at an international conference in Turkmenistan, it is increasingly apparent that other countries have designs on breaking that stranglehold.