China Export Deal Undercuts Gazprom's Leverage
China is challenging Russia as Turkmenistan’s main buyer of natural gas. Ashgabat’s shift could put the Kremlin in a precarious position.
Gazprom sees significant progress in Ukraine talks
Russian gas export monopoly Gazprom said on Thursday it had made "significant progress" in talks with Ukraine, a key export market and transit route to Europe, and hoped to agree on future supply terms by year end.
Kazakhstan restricts gas supplies to Kyrgyzstan
Kazakhstan has restricted gas supplies to Kyrgyzstan, the managing director for KazMunaiGas's (Kazakh oil and gas company) gas projects, Daniyar Berlibayev, wrote on his Twitter page on Thursday.
Azerbaijan to purchase gas network in Turkey
APA-ECONOMICS. Until 2025, SOCAR intends to invest $15 bln in Turkey, head of SOCAR Investments Department Vagif Aliyev said, APA reports citing Turkish media.
Kazakh, EBRD discuss cooperation
Kazakh Prime Minister Karim Massimov and Managing Director of the European Bank for Reconstruction and Development (EBRD) for South-Eastern Europe, Turkey, the Caucasus and Central Asia Olivier Descamps discussed future cooperation, the Prime Minister's press service reported.
Russia agrees gas price cuts for Belarus
Russia has agreed to cut gas prices for Belarus and lend Minsk $10 billion to build a nuclear power plant, Prime Minister Vladimir Putin said on Friday, according to local news agencies.
Georgian minister says Russia will be forced to lift embargo
Russian market should not be the only for the Georgian companies, since it is very unstable, Georgian Economy and Sustainable Development Minister Vera Kobalia said on Friday commenting on "Sarajishvili" company's return to the Russian market.
Turkmen President visits south China's Shenzhen
Turkmen President Gurbanguly Berdymukhamedov on Thursday continued his China state visit in Shenzhen, an open coastal city and a leading special economic zone in the southern province of Guangdong.
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