GASPROM TO OPEN REPRESENTATION IN TURKMENISTAN
The board of directors of Gasprom has approved the move to open a representation in Turkmenistan. This was contained in a press release from Gasprom JSC. The board meeting noted that opening a representation in Turkmenistan would increase the effectiveness interaction of Gasprom with the authorities of Turkmenistan, enterprises and organizations in the country for the realization of the Agreement on cooperation in the gas sector.
In April President Vladimir Putin of Russia and President Saparmurat Niyazov signed an agreement between Russia and Turkmenistan for cooperation in the gas sector for 25 years. Authorised organizations for the realization of this agreement were named Gasprom and Turkmenneftegas.
Within the framework of this agreement Gasexport, a subsidiary pf Gasprom and Turkmenneftegas signed a long-term purchase-sale contract for Turkmen natural gas for the period that the agreement would be in effect.
According to the contract in 2004, Gasexport will buy 5-6 billion m3 of Turkmenneftegas gas. In 2005 the volume will be increased to 6-7 billion m3, 2006 - up to 10 billion m3, in 2007- up to 60-70 billion m3, from 2008 - 63-73 billion m3. Staring from 2009 annual supplies should range between 70-80 billion m3.
FEEDBACK
Other news in this section
- 29.08.2023 [10:41]
Oil prices fall in world markets
- 29.08.2023 [10:34]
Azerbaijani oil price sells for $88.56
- 28.08.2023 [16:41]
Shah Deniz celebrates 200 billion cubic metres of total gas production
- 28.08.2023 [10:49]
Oil prices rise in world markets
- 26.08.2023 [10:53]
Azerbaijani oil price exceeds $88
- 26.08.2023 [10:36]
Oil prices rise in world markets
- 25.08.2023 [11:00]
Azerbaijani oil price drops in world markets
- 25.08.2023 [10:21]
Oil prices rise in world markets
- 24.08.2023 [10:57]
Oil prices fall in world markets
Top stories update
- [12:00]
Turkic world women’s climate initiatives take center stage at COP31
- 14.11.2026 [23:50]
Role of innovative technologies in climate resilience discussed at COP31
- 14.11.2026 [22:12]
Italy fines Meta $900M over Facebook's access to users' photo galleries
- 14.11.2026 [21:43]
Top stories update
- 14.11.2026 [20:00]
Yemen's Houthis claim fresh attacks on Saudi airport, oil pipeline
- 14.11.2026 [19:59]
Baku hosts Argentina Culture Day
- 14.11.2026 [18:14]
Chairman of Caucasus Muslims Office to attend Muscat Plan of Action Forum
- 14.11.2026 [17:43]
Azerbaijan’s Prosecutor General meets with Argentine counterparts
- 14.11.2026 [16:55]
Japanese students informed on Azerbaijan's foreign policy
- 14.11.2026 [13:56]
Another training session held for reservists
- 14.11.2026 [13:15]
COP31 highlights children and youth affairs on its sixth day
- 14.11.2026 [12:54]
Top stories update
- 14.11.2026 [12:00]
Azeri Light sells for $102
- 14.11.2026 [10:21]
UEFA Nations League: Netherlands hit seven, Germany beat Serbia
- 14.11.2026 [09:37]
Germany to host summit of Ukraine allies next week
- 13.11.2026 [22:41]
Azerbaijani joins International Congress of Young Scientists in Kazakhstan
- 13.11.2026 [22:24]
Azerbaijan, Vietnam review mutual investment opportunities
- 13.11.2026 [22:15]
First Ministerial Meeting on CIGET initiative held at COP31
- 13.11.2026 [21:27]
Euclid offers best-ever 3D map of the universe to date
- 13.11.2026 [21:13]
Microsoft outage disrupts European businesses, public services
- 13.11.2026 [20:47]
Top stories update
- 13.11.2026 [20:00]
Ghanaian delegation visits Sumgayit Industrial Park
- 13.11.2026 [19:49]
Discussions held on establishing Azerbaijan House in Düsseldorf
- 13.11.2026 [19:08]
“Zero-Waste Sustainable Living” project presented as part of COP31
- 13.11.2026 [18:40]
Azerbaijan’s Victory Day marked in Sofia
- 13.11.2026 [18:26]
President Ilham Aliyev concluded working visit to Ireland VIDEO
- 13.11.2026 [18:20]
Azerbaijan pavilion hosts panel discussions as part of COP31
- 13.11.2026 [18:11]
Turkish deputy minister visits Azerbaijan pavilion at COP31
- 13.11.2026 [17:59]
Chapo calls on international community to honor climate commitments
- 13.11.2026 [17:39]
What we know about the global Microsoft outage
- 13.11.2026 [16:37]
11 killed as passenger van plunges into river in northern Pakistan
- 13.11.2026 [16:33]
Pakistan’s diabetes burden reaches 34.5 million: WHO
- 13.11.2026 [16:22]
Azerbaijani kickboxer claims 13th European title
- 13.11.2026 [16:16]
Azerbaijani Defense Minister extends condolences to Turkish counterpart
- 13.11.2026 [15:30]
4,950 people evacuated amid flooding in Myanmar's Shan state
- 13.11.2026 [15:11]
Azerbaijan’s Central Bank, World Bank discuss future cooperation
- 13.11.2026 [14:58]
Oil prices decline on global markets
- 13.11.2026 [14:43]
Baku hosts Second AI Summit
- 13.11.2026 [14:30]
43 militants killed in security operations in NW Pakistan
- 13.11.2026 [14:25]
Type 2 diabetes linked to 53 pct higher Alzheimer's risk: study
- 13.11.2026 [14:24]
Azerbaijan’s Media and Broadcasting Council issues statement
- 13.11.2026 [14:20]
Another thematic day at COP31 focuses on finance and trade
- 13.11.2026 [14:19]
Opening ceremony of “Eternity-2026” exercise held in Baku
- 13.11.2026 [11:57]
Gold prices rise, while silver declines on global markets
- 13.11.2026 [10:24]
Azeri Light sells for $99
- 13.11.2026 [10:15]
Leyla Aliyeva holds a series of meetings at COP31
- 13.11.2026 [02:47]
President Ilham Aliyev met with President of Lithuania in Dublin VIDEO
- 13.11.2026 [00:27]
Zero Waste Museum inaugurated during COP31
- 12.11.2026 [22:21]
President Ilham Aliyev met with Prime Minister of Greece in Dublin VIDEO
- 12.11.2026 [22:05]
Azerbaijan, Kyrgyzstan discuss environmental issues on sidelines of COP31
- 12.11.2026 [21:14]
Junior Azerbaijani gymnast wins world silver in China
- 12.11.2026 [21:11]
Azerbaijan and Tajikistan discuss issues on environmental protection
- 12.11.2026 [21:09]