Middle East Economic Survey


No 27



Turkmenistan And Ukraine Reach New Agreement On Gas Shipments

Turkmenistans foreign ministry on 24 June announced that a new pricing agreement had been reached with Ukraine for natural gas shipments following charges days earlier by Turkmen President Saparmurat Niyazov that Kiev was behind with cash payments and inflating the cost of goods it was shipping to Turkmenistan as barter. The new deal calls for Ukraine to pay cash for all...