Today, China is the most important actor in Kazakhstan's oil and gas sector, and these relations are expected to deepen in the coming period. / Photo: Reuters Archive
The flagship of these mega projects is the Belt and Road Initiative, a pet scheme of Chinese President Xi Jinping. Chinathat it will invest $4 trillion in 900 projects in various parts of the world under the One Belt One Road Project, as it is officially known..
An analysis of China's relations with the Turkic republics of Central Asia over the past 30 years reveals that most of China's engagement with these countries has been in the area of oil and natural gas imports, as well as the construction of pipelines for these imports. Of the 25 billion cubic metres, Turkmenistan, Uzbekistan, and Kazakhstan share 10 billion cubic metres, 10 billion cubic metres, and 5 billion cubic metres, respectively. These three pipelines begin in the Saman Tepe region of Turkmenistan and terminate in the
In 2017, investment agreements worth $20 billion were signed between the two countries. Of this $20 billion, $5 billion will be invested in the petroleum and natural gas industries, and $3 billion will be invested in developing Uzbekistan's hydropower potential and modernising pumping stations.