USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

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Natural gas 2.801

-0.01

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Turkmenistan, Russia To Solve Gas Problems

Turkmenistan President Saparmurat Niyazov came to Moscow on Sunday with a traditional visit

Turkmenistan, Russia To Solve Gas Problems

Turkmenistan President Saparmurat Niyazov came to Moscow on Sunday with a traditional visit to Russia's President Vladimir Putin to discuss the issues of natural gas relations. Gas relations of Russia and Turkmenistan are apparently not very smooth.

Russian and Turkmen presidents will discuss the price formula for Turkmen gas for Gazprom up to 2028.

Niyazov is likely to offer higher prices for Turkmen gas to Russia and react to Putin?s proposal to hike gas prices for Ukraine.

Ukrainian Fuel and Energy Minister Ivan Plachkov also arrived in Moscow to talk with Turkmen president.

Niyazov isn?t willing to sacrifice his Ukrainian partners, but he is not too eager to back them up.


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