China confirms new gas pipeline through Tajikistan

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China’s Xi Jinping at a regional summit signed a deal to build a gas pipeline through the impoverished ex-Soviet country of Tajikistan, Tajik television reported on Saturday.

The pipeline will transport gas from energy-rich Turkmenistan to China in as part of a huge supply deal.

“Carrying out this project will allow us to attract more than US$3 billion of direct investments from Chin into the economy of Tajikistan,” said the press service of Tajik President Emomali Rakhmon.

It will supply China with 25-30 billion cubic metres of oil per year, the press service said.

China is eyeing the vast oil and gas resources of ex-Soviet Central Asia for its fast-growing domestic economy and is also keen to assert political influence in a region that was dominated by Moscow for decades.

Xi and Putin met at a regional security conference held by the Shanghai Cooperation Organisation in Bishkek.

The new pipeline is due for completion in 2016 and will run for more than 400 kilometres (250 miles) within Tajikistan.

The mountainous country is the poorest ex-Soviet republic and dependent on remittances from its nationals doing manual labour in Russia.

Source : Channel News Asia | September 15, 2013

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Thomas D’Innocenzi is a highly accomplished, results-focused international consultant with extensive experience in global sourcing and business development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global marketing and sourcing operations. He has extensive experience in international business development to accommodate rapid growth. Skilled in building top-performing teams, bench-marking performance, and developing organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. Tom founded Nova Advisors with the mission of providing expert Global Business Development consulting services for companies seeking to expand their market share as an independent consultant. Tom has a network of experts and advisors throughout the Asia-Pacific region and North America. His expertise includes business development, global sourcing, manufacturing, commodities, logistics, QA/QC, FDA, regulatory compliance, sustainability, and supply chain optimization. Tom is experienced in the medical device, apparel, consumer goods and technology services verticals helping companies advance their global sourcing capabilities and develop new markets through a local and sustained approach. Located in SE Asia and the United States, Tom expands market reach to drive sales. His global sourcing strategy includes directly negotiating with commodity suppliers, supply chain networks and distributors for optimal terms based on his expertise and first-hand knowledge of the players. Contact Tom to use his consulting service to increase your global market and make global sourcing profitable for you in the Asia Pacific Region and the United States. http://www.NovaAdvisors.com thomas@NovaAdvisors.com USA Direct: +1.904.479.3600 SINGAPORE: +65.6818.6396 THAILAND: +662.207.9269
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