TURKMENISTAN RAISES PRICE OF NATURAL GAS SUPPLIED TO RUSSIA

Published: 14 February 2005 y., Monday
Turkmenistan's president Saparmurat Niyazov and Gazprom's CEO Alexei Miller, who arrived in the Turkmen capital last night for a one-day visit, discussed the whole range of Turkmenistan's cooperation with Gazprom in the energy sphere. Informed sources told RIA Novosti that during the meeting the sides discussed, in particular, pressing problems of price formation as regards Turkmen natural gas supplies to Russia for re-export to Ukraine and Western Europe. Starting 2005, Turkmenistan has raised its gas prices for Russian and Ukrainian consumers from $44 to $58 per 1,000 cubic meters explaining it by a considerable rise in the prices of goods and services supplied under the clearing agreement for half of the gas value. At the start of the year, Turkmenistan signed a contract to supply 36 billion cubic meters of natural gas to Naftogaz of Ukraine this year at the new price. Similar terms were offered to Gazprom which has a 25-year contract for Turkmen gas supplies. Gazprom's negotiations with Turkmenistan on cooperation issues and also on gas prices are to be continued on February 18. On that day, a Russian delegation headed by Alexei Miller will arrive in Ashkhabad to mark Turkmen National Flag Day and Niyazov's birthday. During their Tuesday meeting, the sides also discussed cooperation in the sphere of pipeline systems and also prospects for Russian oil and gas companies' participation in developing the Turkmen part of the Caspian Sea shelf.
Šaltinis: RIA Novosti
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Taxation: Removing cross-border tax obstacles for EU citizens

Today, the Commission published a Communication which outlines the most serious tax problems that EU citizens face in cross-border situations and announces plans for solutions. more »

State aid: Commission opens in-depth investigation into Hungarian support measures for national airline Malév

The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation. more »

Fake Chinese products spread

Internet and lax customs enforcement drive growth of 600 billion US dollar counterfeit goods industry. more »

Report: millions escape poverty

350 million people rose out of poverty in the past decade, but 1.4 billion are still extremely poor, says the latest report into rural poverty. more »

Getting more people into better jobs

New plan sets out action to reach 75% employment target for the EU by 2020. more »

Innovation Union: three new European research infrastructures on wind, solar and nuclear energy announced

Research Ministers of the EU Member States and Associated Countries, together with the European Commission, are announcing in Brussels today three new pan–European energy research infrastructures. more »

Commissioner Šemeta visits Moscow to strengthen EU-Russia customs cooperation

Algirdas Šemeta, Commissioner for Taxation, Customs, Audit and Anti-fraud, is visiting Moscow today to discuss ways in which customs cooperation between the EU and Russia can be reinforced. more »

ECB must go on participating actively in tackling the economic crisis

Following on from Monday's debate with ECB President Jean-Claude Trichet, MEPs on Tuesday adopted a resolution, by a show of hands, gauging the ECB's performance in 2009 and suggesting actions to be taken in view of the economic situation. more »

Parliament approves aid to unemployed people in the Netherlands

The European Parliament today approved €10.5 million in European Globalisation Adjustment Fund aid to over 3,000 people in the Netherlands who lost their printing and publishing sector jobs last year, due to the economic crisis. more »

France unveils Taj Mahal gold coin

A diamond-studded gold coin engraved with a picture of the Taj Mahal and worth 100,000 euros is unveiled at the Paris mint. more »