Europe Risks Losing Turkmen Gas Opportunity

From Asia Times

BP’s latest annual “Statistical Review of World Energy” has revealed Turkmenistan’s proven gas reserves as even bigger than previously assessed. It appraises Turkmenistan’s proven reserves at 24.3 trillion cubic meters as of the end of 2011, almost double the 13.4 trillion cubic meters noted a year earlier, and itself an increase over the previously reported nine trillion cubic meters in proven reserves. On the current assessment, Turkmenistan holds 11.7% of the world’s proven natural gas reserves.

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