December 08, 2009

China-Kazakhstan Gas Accord Finalized

China solidified its conquest of Pipelineistan energy resources on Monday when Kazakh President Nursultan Nazarbayev signed into law the 2007 agreement to jointly develop pipelines to bring gas into China from Kazakhstan and Turkmenistan. Around 50 million cubic meters of gas will move annually into the Chinese pipeline network also under construction. The estimated cost of the projects is $20 billion (US dollars). Work will be done in Kazakhstan by China National Petroleum Corp.'s subsidiary China Petroleum Pipeline Engineering and local firm KazStroyService. There are two "west-east" pipelines through China (see map) that bring Caspian Sea region resources through Xinjiang all the way to Shanghai and Guangdong Province. A third such pipeline is now in development.

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