turkmen official russias gazprom unstable partner
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Turkmen official: Russia's Gazprom unstable partner

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Turkmen official: Russia's Gazprom unstable partner

Ashgabat marking Turkmenistan's Independence Day
Ashgabat - AFP

 An article published on the website of Turkmenistan's oil and gas ministry Monday attacked Russia's energy giant Gazprom, calling the company an unreliable partner for the reclusive Central Asian state.
The article by the state-run Turkmen Institute of Oil and Gas comes shortly after Gazprom's announcement it would be cutting gas imports from the secretive republic by nearly two-thirds, and Turkmenistan's 19 percent devaluation at the New Year of its national currency, the manat.
"Gazprom and its affiliates periodically violate agreements at interstate, intergovernmental and interdepartmental level, leading to the view that unfortunately the major energy company is an unstable partner," the article stated.
Gazprom's vice chairman Alexander Medvedev said this month that the decision to reduce imports from Turkmenistan and neighbouring Uzbekistan in 2015 was based on the company's own growing production capacity.
Since a mysterious pipeline explosion in 2009, Russia has imported roughly 10 billion cubic metres of natural gas from Turkmenistan annually, but this figure will now drop to 4 bcm, Medvedev said.
Before the explosion, which some industry experts credited to a dispute over prices, Gazprom imported as much as 45 bcm from Turkmenistan annually, most of which was re-exported at a profit to Europe via Ukraine.  
Turkmenistan has the world's fourth largest known reserves of natural gas but limited export infrastructure and few reliable partners. Up to 90 percent of the country's exports are hydrocarbons.
The main importer of Turkmen gas is China, which now imports 35 bcm annually from the republic with that figure expected to rise to 65 bcm by 2020.
In addition to China and Russia, Turkmenistan also exports up to 10 bcm of natural gas to fellow producer Iran.
At the beginning of the month, state media reported Turkmen President Gurbanguly Berdymukhamedov as saying the government would take anti-crisis measures to deal with depressed hydrocarbon prices, but did not specify what they would be.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

turkmen official russias gazprom unstable partner turkmen official russias gazprom unstable partner

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

turkmen official russias gazprom unstable partner turkmen official russias gazprom unstable partner

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 05:14 2024 Wednesday ,07 February

Sophisticated Classic Dining Room Design Ideas

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 12:22 2011 Saturday ,31 December

Afghan child bride tells of \'torture\' by in-laws

GMT 12:43 2018 Thursday ,04 January

won't sell unless replacements bought in

GMT 10:37 2015 Monday ,30 November

Climate pledges Who's doing what?

GMT 21:47 2013 Friday ,19 July

iPhone may have involved counterfeit charger

GMT 10:47 2012 Saturday ,30 June

Khawater al-Zalam win Arabs Got Talent

GMT 17:06 2012 Thursday ,27 September

Revolutionary press blooms underground in Syria
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice