Clouds hover over Ashgabat

Clouds hover over Ashgabat


Last year, declarations made by many officials in Turkmenistan were met with a general euphoria. The future for this energy-rich Central Asian country was believed to be lined with gold.
After all, Turkmenistan has the fourth-largest gas reserves in the world and nearly half of its production was exported. Last year, many analysts described the country as a “new energy giant”. By 2020 Turkmenistan will provide China with 40% of its needs in natural gas.
But much has changed since last year. ...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now