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Gazprom has no intention to resume gas purchase from Turkmenistan

14 February 2016 10:55 (UTC+04:00)
Gazprom has no intention to resume gas purchase from Turkmenistan

Currently, Gazprom does not intend to resume buying gas from Turkmenistan, Viktor Zubkov, chairman of Gazprom’s board of directors, said, RIA Novosti reported.

Turkmengas State Concern reported in mid-January that Gazprom has terminated the contract ahead of schedule since January 1.

Russia was the main buyer of Turkmen gas before the global economic crisis of 2008. Then Turkmenistan supplied about 50 bcm of gas per year to Russia. The crisis reduced these volumes up to 10 bcm and up to four bcm in 2015.

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