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Saparmurat Niyazov
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TURKMEN CAPITAL ASHGABAD
The main gold-plated monument of former Turkmen President Saparmurat Niyazov stands in front of the Niyazov's museum on a central square in Ashgabat, Turkmenistan on May 11, 2007. (UPI Photo/Anatoli Zhdanov)
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WASHINGTON, June 8 (UPI) -- Since the unexpected death on Dec. 21, 2006, of Turkmenistan’s “President for life,” “Turkmenbashi (“father of the Turkmen”) Saparmurat Niyazov, Russia, the U.S. and China have been engaged in a fierce covert struggle to win dominance over Turkmenistan’s vast but largely untapped gas deposits. Two and a half years later, after offers and counter-offers, Beijing appears to have the inside track, a decision by Niyazov’s successor, President Gurbanguly Berdimuhamedov, that will cause much hand-wringing in both Moscow and Washington, which awarded China a $3 billion contract for its massive South Iolatan gas field.
WASHINGTON, April 13 (UPI) -- In the intense international competition for Caspian hydrocarbons that developed after the 1991 collapse of communism, Western interest focused initially on Azerbaijan and Kazakhstan. Turkmenistan was regarded largely as a closed market because of the mercurial policies of its president for life, "Turkmenbashi" or "father of the Turkmen," Saparmurat Niyazov. Then as now, Gazprom took the lion's share of Turkmen gas, but a recent mysterious explosion has revealed significant rifts between Turkmenistan and its largest foreign customer.
WASHINGTON, Feb. 13 (UPI) -- The deepening global recession is pounding energy companies, as oil prices continue on a downward slope. While the world's largest companies are slowing their spending, a number of smaller companies are actually prospering. One of the most prosperous smaller concerns, Dragon Oil, is finding its wealth in one of the most unlikely of energy "new frontiers" -- Turkmenistan's offshore Caspian waters.
ASHGABAT, Turkmenistan, Sept. 27 (UPI) -- Lawmakers in the central Asian country of Turkmenistan have unanimously adopted a new constitution, officials said.
WASHINGTON, May 22 (UPI) -- For the last 17 months Russia and China have been engaged in a three-way tussle with Western energy companies to develop Turkmenistan's vast natural gas resources.
WASHINGTON, May 6 (UPI) -- TAP's promises of riches trump geography and politics as it would pass through some of the world's most forbidding places en route to India.
WASHINGTON, April 28 (UPI) -- Of all the post-Soviet Caspian nations, Western investors since 1991 looked most longingly at Turkmenistan, which was essentially unavailable during the reign of Saparmurat Niyazov.
WASHINGTON, April 4 (UPI) -- Record-high energy prices have provoked a global scramble among nations dependent on energy imports to lock in their requirements, in Asia none more so than China and Japan, the world's second- and third-largest oil importers, with daily imports of an estimated 7 million and 5.4 million barrels per day respectively.
WASHINGTON, March 28 (UPI) -- Since the death in December 2005 of Turkmen President Saparmurat Niyazov, Western energy firms have longingly eyed Turkmenistan's vast natural gas reserves, which even during the Soviet era were estimated at 10 trillion to 14 trillion cubic meters, exceeded only by those of the Russian Federation. Among the potential suitors for Ashgabat's favor, no firms were more ardent than U.S. companies. Alas, once again for Washington, the groom has been left at the altar.
Since the death of Turkmen President Saparmurat Niyazov in December 2006, foreign companies have been falling over themselves to acquire a piece of the country's vast natural gas reserves, estimated during the Soviet era to be between 10 trillion and 14 trillion cubic meters.
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