Turkmenistan’s gas sales: the choice between cash and ash
ASHGABAT (TCA) — Turkmenistan’s dream to become a world energy player seems to have gone up in smoke just when it could have grasped a glimpse of reality. A trade conflict with Russia’s gas giant Gazprom has prematurely locked its gas outlet to the north, leaving only China as its customer. Ashgabat’s lack of market insight in the midst of a continental price slump appears to be the main cause of Turkmenistan’s inability to cash in on its monoculture.
