Gazprom is preparing to increase the volume of gas supplies to China and switch to payment in yuan or rubles
19:14 07.09.2022 5317
Russian Gazprom has begun designing a new gas pipeline to China along the Far East route and signed an addendum to the Gas Purchase and Sale Agreement with CNPC, which allows mutual settlements in yuan or rubles. This was reported on the official website of Gazprom.
During the talks between the leaders of Gazprom and CNPC, it was also reported that the Russian company would fulfill its obligations to increase gas supplies to China in 2023 using raw materials from the Kovykta field.
The head of Gazprom, Alexei Miller, called the transition to a new payment mechanism a mutually beneficial and timely decision that will become an example for other companies.
It is noteworthy that earlier, at the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, the Turkmen side concluded a deal to purchase goods from suppliers from Russia for Turkmen manats.
The President of Turkmenistan and the President of the European Commission expressed confidence in the successful holding of the Central Asia-EU Summit
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Commission Ursula von der Leyen on April 3.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.