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Submitted by ctv_en_1 on Sat, 05/12/2007 - 15:55
Russia, Turkmenistan and Kazakhstan have agreed to build a new natural gas pipeline around the Caspian Sea.

Russia's President Vladimir Putin announced the deal at a summit with Central Asian leaders in Turkmenistan on May 12.


The agreement ensures Russia's access to Turkmenistan's gas, and is setback to rival US and European Union plans. They had hoped to pipe Turkmen gas across the Caspian sea, in order to reduce the EU's dependence on Russian-controlled energy. 

BBC

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