JULY 8 2015 (The Conway Bulletin) – Turkmenistan’s oil and gas ministry accused Russia’s Gazprom of failing to pay for natural gas it has supplied it with this year, aggravating a bitter row between the two countries.
Gazprom declined to comment. “Since the beginning of 2015, Gazprom has not paid its debts to the state corporation Turkmengaz for the volumes of Turkmen gas it supplied,” the Turkmen government statement said on its website.
“Russian company Gazprom has become insolvent on its natural gas purchase-and-sale contracts due to the continued global economic crisis and economic sanctions imposed by Western nations on Russia.”
Turkmenistan and Russia have publicly rowed before. In 2014, Gazprom slashed the amount of gas it imported from Turkmenistan to 11b cubic metres (bcm). In 2015, it planned to buy 4bcm. This is a huge drop from previous purchases. In 2008, Gazprom bought 40 bcm from Turkmenistan. And the row has also sucked in other sectors.
In 2010, Turkmenistan expelled Russian mobile phone operator MTS from the country. It later re-installed it.
The drop in Russian gas purchases has forced Turkmenistan to look elsewhere for clients. China has become its biggest client and it is trying to win contracts from the European Union.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 239, published on July 9 2015)