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TURKMENISTAN: GAZPROM WANTS ASHGABAT TO GIVE DEEP DISCOUNT ON NATURAL GAS
6/23/09

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Russian media outlets are reporting that the Kremlin-controlled conglomerate Gazprom is pushing for an almost 50 percent cut in the price it pays to the Turkmen government for natural gas.

A Gazprom delegation headed by Alexander Medvedev, the company’s deputy board chairman, was in Ashgabat on June 23. Medvedev was expected to seek a downward revision in the gas pricing structure. Gazprom paid $300 per thousand cubic meters of gas (tcm) during the January-March period of this year, according to Kommersant. Medvedev will reportedly offer to pay $220/tcm for Turkmen gas during the third quarter of 2009, and $160/tcm for the fourth quarter of this year.

Posted June 23, 2009 © Eurasianet
http://www.eurasianet.org


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