Turkmens say China to lend $3 bln for gas field
ASHGABAT, June 5 (Reuters) - China has agreed to issue a $3 billion loan to Turkmenistan to develop the Central Asian state's largest gas field, South Iolotan, Turkmen television showed top Turkmen government officials as saying on Friday.
"It will be possible to produce 50 billion cubic metres (bcm) of natural gas at South Iolotan every year, and all the interested states could receive this volume for a hundred years," state television showed Turkmen President Kurbanguly Berdymukhamedov telling a government meeting. (Reporting by Marat Gurt; Writing by Dmitry Solovyov; Editing by James Jukwey)
© Thomson Reuters 2009 All rights reserved
Pledge to support economies
G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. Full Article | Related Story
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
