{"id":41420,"date":"2022-02-17T16:32:56","date_gmt":"2022-02-17T15:32:56","guid":{"rendered":"https:\/\/novastan.org\/en\/?p=41420"},"modified":"2023-11-02T19:19:34","modified_gmt":"2023-11-02T18:19:34","slug":"turkmenistan-became-chinas-first-gas-supplier","status":"publish","type":"post","link":"https:\/\/novastan.org\/en\/turkmenistan\/turkmenistan-became-chinas-first-gas-supplier\/","title":{"rendered":"Turkmenistan became China\u2019s number one gas supplier"},"content":{"rendered":"\n<p><strong><span lang=\"en-US\">Being far ahead of the other regional gas suppliers, Turkmenistan became the first energy partner of China in late January <\/span><span lang=\"en-US\">2021<\/span><span lang=\"en-US\">, ahead of Russia. In the context of generally rising gas prices at the beginning of 2021, the roles seem to be redistributed in the world of gas producers. <\/span><\/strong><\/p>\n\n\n\n<p><strong>This article was originally published on <a href=\"https:\/\/novastan.org\/fr\/turkmenistan\/le-turkmenistan-a-ete-le-premier-fournisseur-de-gaz-de-la-chine\/\">Novastan\u2019s French website<\/a> on the 29th of March 2021.<\/strong><\/p>\n\n\n\n<p><span lang=\"en-US\">Turkmenistan, a country with gas wealth in no need to prove, is the leader in gas supply on the Chinese energy market since the beginning of 2021, according to the <\/span><a href=\"https:\/\/orient.tm\/turkmenistan-s-nachala-2021-goda-ostaetsya-liderom-postavok-truboprovodnogo-gaza-v-kitaj\/\"><span lang=\"en-US\">Turkmen media Orient<\/span><\/a><span lang=\"en-US\">. In January 2021, a total of 2,786 billion cubic meters of Turkmen gas were delivered to China, out of the 4,685 billion cubic meters imported by the Chinese authorities. For the first months of the year, almost 60% of the Chinese gas is supplied by Turkmenistan, according to the <\/span><a href=\"https:\/\/www.interfax.ru\/business\/756994\"><span lang=\"en-US\">Russian agency Interfax<\/span><\/a><span lang=\"en-US\">.<\/span><\/p>\n\n\n\n\t\t\t<div class=\"hp-newsletter col-span-3 lg:col-span-1 flex flex-col bg-primary-100 border-t-8 border-secondary-500 rounded-lg justify-center items-center lg:items-stretch px-6 py-6 gap-4 box-border\">\n\t\t\t<div class=\"flex\">\n\t\t\t\t<div class=\"enveloppe\">\n\t\t\t\t\t<i class=\"far fa-envelope text-5xl text-secondary-300\"><\/i>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"formulaire_nl\">\n\t\t\t\t\t<p>\n\t\t\t\t\t\t<span class=\"font-bold text-xl block\">The whole of Central Asia in your inbox\n<\/span>\n\t\t\t\t\t\tSubscribe to our free weekly newsletter\n\t\t\t\t\t<\/p>\n\t\t\t\t\t<form class=\"flex w-3\/4 lg:w-full\" action=\"https:\/\/us4.list-manage.com\/subscribe?u=6a15a2256d412b041fdec39e8&amp;id=d479236523\" method=\"post\" id=\"mc-embedded-subscribe-form\" name=\"mc-embedded-subscribe-form\" class=\"validate\" target=\"_blank\" novalidate=\"\">\n\t\t\t\t\t\t<input class=\"flex-grow py-2 px-3 border border-primary-300 rounded-l\" type=\"email\" placeholder=\"Email\" name=\"EMAIL\" id=\"mce-EMAIL\">\n\t\t\t\t\t\t<button class=\"bg-secondary-500 py-2 px-3 text-white rounded-r-md border border-secondary-500\" type=\"submit\" value=\"\" name=\"subscribe\">Register<\/button>\n\t\t\t\t\t<\/form>\n\n\t\t\t\t\t<a href=\"#\" class=\"underline text-secondary-700\">Click here for the latest issue\n<\/a>\n\t\t\t\t<\/div>\t\n\t\t\t<\/div>\n\t\t<\/div><!-- newsletter -->\n\t\t\n\n\n\n<p><span lang=\"en-US\">Turkmenistan is thus ahead of Russia, which supplied only 916 million cubic meters of gas to China through the <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/Power_of_Siberia\"><span lang=\"en-US\">\u201cPower of Siberia\u201d pipeline<\/span><\/a><span lang=\"en-US\">. Apart from Russia and Turkmenistan, China gets its resources from other Asian countries such as Kazakhstan and Uzbekistan, which export 319 million cubic meters and 307 million cubic meters accordingly.<\/span><\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Turkmen gas prices at their highest<\/h5>\n\n\n\n<p><span lang=\"en-US\">The official figures of Turkmenistan\u2019s exportations are difficult to find: president <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/Gurbanguly_Berdimuhamedow\"><span lang=\"en-US\">Gurbanguly Berdimuhamedov<\/span><\/a><span lang=\"en-US\"> is usually very discreet about the country\u2019s economic performance, so it is hard to obtain them. <\/span><\/p>\n\n\n\n<p><span lang=\"en-US\">Yet the data of the General Administration of Customs (GAC) of China reveals the price of Turkmen gas which appears to be one of the most expensive on the Chinese energy market. Indeed, the price of a thousand cubic meters comes to 187 dollars <\/span><span lang=\"en-US\">(\u00a3138)<\/span><span lang=\"en-US\">, whereas Kazakh price is up to 162 dollars <\/span><span lang=\"en-US\">(\u00a3119.5)<\/span><span lang=\"en-US\">, and Uzbek price is up to 151 dollars <\/span><span lang=\"en-US\">(\u00a3111)<\/span><span lang=\"en-US\">.<\/span><\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Blue gold prices on the rise<\/h5>\n\n\n\n<p><span lang=\"en-US\">The high price of Turkmen gas can be explained by the rise of gas prices on international markets. Indeed, in North-Eas<\/span><span lang=\"en-US\">t<\/span><span lang=\"en-US\"> Asia, a cold wave led to the high demand for liquefied gas. The cooling in the region had for consequences a rapid increase of gas prices on the international market: the maximum value of JKM Platts, which measures the price of liquefied gas in Asia, jumped to 1&nbsp;160 dollars <\/span><span lang=\"en-US\">(\u00a3856)<\/span><span lang=\"en-US\"> for a thousand cubic meters at the beginning of January 20<\/span><span lang=\"en-US\">21<\/span><span lang=\"en-US\">, according to Interfax.<\/span><\/p>\n\n\n\n<p><span lang=\"en-US\">The rise of energy\u2019s value is also to be seen in Europe where the average price of gas is up to 257 dollars <\/span><span lang=\"en-US\">(\u00a3190)<\/span><span lang=\"en-US\"> for a thousand cubic meters in late January, according to the Interfax agency.<\/span><\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Turkmenistan\u2019s dependence on gas exportations<\/h5>\n\n\n\n<p><span lang=\"en-US\">The fourth exporter of gas in the world strengthens its commercial relationship with China, which remains the first trade partner for Turkmenistan. In 2019, according to data furnished by the Observatory of Economic Complexity, <\/span><a href=\"https:\/\/oec.world\/en\/profile\/country\/tkm\"><span lang=\"en-US\">China accounted for 82% of Turkmen exports<\/span><\/a><span lang=\"en-US\">, far ahead of Uzbekistan (4%). <\/span><span lang=\"fr-FR\">Regarding importations, China is second with 14,3% behind Turkey (24,7%).<\/span><\/p>\n\n\n\n<p><span lang=\"en-US\">This new position also strengthens Turkmenistan\u2019s dependence on exportation. Close to being a windfall economy, the state\u2019s incomes are based on hydrocarbon sales. According to <\/span><a href=\"https:\/\/oilcapital.ru\/news\/transport\/25-02-2021\/pekin-poluchil-3-87-mlrd-kubometrov-gaza-iz-turkmenistana-v-yanvare-2020\"><span lang=\"en-US\">the specialized website Oilcapital.ru<\/span><\/a><span lang=\"en-US\">, 15% of consumed gas in China was Turkmen in 2020. Although economic repercussions are satisfactory nowadays, as soon as the price and foreign demand will decrease, the Turkmen economy will drop <\/span><a href=\"https:\/\/novastan.org\/fr\/ouzbekistan\/coronavirus-les-exportations-de-gaz-centrasiatique-vers-la-chine-baissent\/\"><span lang=\"en-US\">as was the case at the beginning of the pandemic<\/span><\/a><span lang=\"en-US\">. Indeed, while China\u2019s gas suppliers are diversified, Turkmenistan\u2019s customers are not: the country mainly exports to <\/span><a href=\"https:\/\/novastan.org\/fr\/turkmenistan\/le-turkmenistan-vend-son-gaz-a-la-chine-a-tres-bas-prix\/\"><span lang=\"en-US\">China<\/span><\/a><span lang=\"en-US\"> and <\/span><a href=\"https:\/\/novastan.org\/fr\/turkmenistan\/le-turkmenistan-renouvelle-pour-5-ans-son-exportation-de-gaz-naturel-vers-la-russie\/\"><span lang=\"en-US\">Russia<\/span><\/a><span lang=\"en-US\">.<\/span><\/p>\n\n\n\n<p><strong><span lang=\"en-US\">Read more <\/span><span lang=\"en-US\">on Novastan<\/span><span lang=\"en-US\">: <\/span><a href=\"https:\/\/novastan.org\/en\/turkmenistan\/agreement-between-azerbaijan-and-turkmenistan-paves-the-way-for-trans-caspian-pipeline\/\"><span lang=\"en-US\">Agreement between Azerbaijan and Turkmenistan paves the way for Trans-Caspian Pipeline<\/span><\/a><\/strong><\/p>\n\n\n\n<p><span lang=\"en-US\">Nevertheless, some projects are underway to diversify exportations: <\/span><a href=\"https:\/\/novastan.org\/en\/turkmenistan\/turkmenistan-what-future-for-tapi-pipeline-after-taliban-visit\/\"><span lang=\"en-US\">the Turkmenistan-Afghanistan-Pakistan-India gas pipeline (TAPI),<\/span><\/a><span lang=\"en-US\"> which has been stalled since 2015, should be relaunched soon. Besides,<\/span> <span lang=\"en-US\">with the rapprochement of Turkmenistan and Azerbaijan, the project of the Trans-Caspian pipeline is about to become reality, which means Turkmen gas will reach the European market.<\/span><\/p>\n\n\n\n<p class=\"has-text-align-right\"><strong>Emma Collet<\/strong>\n<strong>Writer for Novastan<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-right\"><strong><span lang=\"en-US\">Translated <a href=\"https:\/\/novastan.org\/fr\/turkmenistan\/le-turkmenistan-a-ete-le-premier-fournisseur-de-gaz-de-la-chine\/\">from French<\/a> by Flavie Deschamps<\/span><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-right\"><strong>Edited by Anna Wilhelmi<\/strong><\/p>\n\n\n\n<p><em>For more news and analysis from Central Asia, follow us on <a href=\"http:\/\/twitter.com\/Novastan_Eng\">Twitter<\/a>, <a href=\"https:\/\/www.facebook.com\/Novastan.org\/\">Facebook<\/a>, <a href=\"https:\/\/telegram.me\/novastan\">Telegram<\/a>, <a href=\"https:\/\/www.linkedin.com\/company\/fondation-novastan\/\">Linkedin<\/a> or <a href=\"https:\/\/www.instagram.com\/novastanorg\/\">Instagram<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Being far ahead of the other regional gas suppliers, Turkmenistan became the first energy partner of China in late January 2021, ahead of Russia. In the context of generally rising gas prices at the beginning of 2021, the roles seem to be redistributed in the world of gas producers. This article was originally published on [&hellip;]<\/p>\n","protected":false},"author":984,"featured_media":41421,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7,8],"tags":[1101,4128,3787,4105,467],"coauthors":[3992],"class_list":["post-41420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-turkmenistan","category-uyghur-region","tag-china","tag-economy","tag-exportation","tag-gas","tag-turkmenistan"],"acf":[],"_links":{"self":[{"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/posts\/41420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/users\/984"}],"replies":[{"embeddable":true,"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/comments?post=41420"}],"version-history":[{"count":2,"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/posts\/41420\/revisions"}],"predecessor-version":[{"id":45756,"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/posts\/41420\/revisions\/45756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/media\/41421"}],"wp:attachment":[{"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/media?parent=41420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/categories?post=41420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/tags?post=41420"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/novastan.org\/en\/wp-json\/wp\/v2\/coauthors?post=41420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}