The former Soviet republic of Turkmenistan relies heavily on the export of its vast natural gas reserves. China is the country’s main customer for gas and Turkmenistan also is working on a pipeline to supply gas to Afghanistan, Pakistan and India. Turkmenistan is heavily reliant on revenue from sales of the gas in its vast reserves. And the government was instructed to find alternative options to ensure the operation of power plants in the central and southern provinces of the country. Turkmenistan and Iran on Wednesday signed a contract for the delivery of 10 billion cubic meters a year of Turkmen gas that Iran will then ship on to Iraq. Are oil producing nations regrouping to control the market ?
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