Russia started to buy gas abroad

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www.vsyako.netPhoto: Alexander Tumanov / TASS

Turkmenistan on Monday, April 15, resumed gas supplies to Russia after a three year break, according to the Turkmen news portal “Orient” with reference to a source in the oil and gas sector of the country. The volume of purchased gas and its cost is not disclosed.

According to a source, shipments to Russia resumed under the current 25-year contract “after the commercial breaks, which was taken by “Gazprom” in early 2016″.

That Russia agreed to resume gas purchases from Turkmenistan, the head of “Gazprom” Alexei Miller said in late March. Then he noted that cooperation in the purchase of gas in the Republic is the main direction in which the side has always worked.

The contract between Russia and Turkmenistan on gas supply was signed in 2003. In 2008 Gazprom has tried to revise the price of gas. Russia in 2009 bought about 10 billion cubic meters of gas per year. In 2015, Gazprom has notified Turkmenistan’s intention to reduce the volume of purchases of up to four billion cubic meters per year, and paid her the break-even price of exports to Europe. In the same year, the Russian side initiated the proceedings in the Stockholm arbitration on revising the price of gas, delivered from 2010 to 2015.

In 2016, Russia took a pause in buying gas until the beginning of 2019, and the trial court suspended that the parties could come to an agreement on cooperation. Negotiations on the resumption of gas purchases began in late 2018. As possible period of renewal called the 1 January 2019, but it never happened.

Video, photo All from Russia.

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