Russia discusses growth in gas supplies to Kazakhstan and Uzbekistan
16:30 29.12.2022 3934
Russia is discussing the growth of gas supplies for the domestic markets of Kazakhstan and Uzbekistan against the backdrop of an increase in their consumption of this type of fuel. This was stated in an interview with TASS by Deputy Prime Minister Alexander Novak.
He also said that Russia agreed with Azerbaijan to increase gas supplies for its domestic consumption, and in the future it may discuss swap supplies.
In the longer term, Russia may send its natural gas to the markets of Afghanistan and Pakistan, either using the infrastructure of Central Asia, or through an exchange from the territory of Iran, the Deputy Prime Minister said.
Under the proposed swap scheme, Iran would import gas from Russia either via Turkmenistan or Azerbaijan to consume it in its northern regions, while committing to deliver the same amount of gas to the border with Pakistan.
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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.