Turkmenistan To Ink Gas Deal With Russia

Published December 11th, 2000 - 02:00 GMT

Turkmen President Saparmurat Niyazov said on December 8th that in the coming week Turkmenistan will sign an agreement to sell 30 billion cubic meters (bcm) of natural gas to Russia in 2001. 

 

Niyazov said that: “We will agree to sell Russia 30 bcm. I think we’ll sign the contract next week.” Ashgabat had cut supplies to Moscow due to pricing disagreements, but resumed deliveries last year.  

 

Turkmenistan had provided Russia with 20 bcm of gas at the cost of $36 per 1,000 cubic meters by the end of September, with an additional 10 bcm at $38 per 1,000 cubic meters expected for delivery by the end of 2000. Turkmenistan has also agreed to sell 5 bcm to Ukraine this year and 30 bcm in 2001.  

 

In addition, Turkmenistan recently began exporting small volumes of gas through a new pipeline to Iran.  

 

The pipeline from Artyk in Turkmenistan to the northern border of Iran has seen flows of 180,000 cubic meters per day.  

 

Turkmen exports to Iran through an existing pipeline from the Korpedzh gas field in Turkmenistan to Kurt-Kui totaled 1.8 bcm for the first 10 months of 2000.  

 

Iranian President Mohammed Khatami is expected to visit Ashgabat to discuss gas contracts and increasing Turkmen exports. 

(oilnavigator)  

 

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