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“Gazprom” increases gas purchases in Turkmenistan

“Gazprom” increases gas purchases in Turkmenistan

Russian “Gazprom” increases gas purchases in Turkmenistan. These are the reporting data and the memorandum of the new issue of Eurobonds of the Russian concern, which are quoted by the Interfax agency.

According to these data, the supply of Turkmen gas to the Russian company resumed after a long break in 2019 from 4 billion cubic meters, in 2020 the volume increased to 4.7 billion cubic meters. And in the first quarter of 2021, gas purchases in Turkmenistan increased to 2.2 billion cubic meters from 1.3 billion cubic meters a year earlier.

As a reminder, in July 2019, “Gazprom” signed a contract for the purchase of natural gas from the “Turkmengas” State Concern for a period of five years. In accordance with the contract, the volume of gas supplies from

Turkmenistan to Russia will amount to 5.5 billion cubic meters per year.

Earlier, Reuters reported that “Gazprom” bought Turkmen gas worth about 1 billion US dollars in 2020.

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