No. 21



Turkmenistan Signs New Gas Deal With Ukraine

Turkmenistan and Ukraine signed a five-year natural gas deal on 14 May during a visit to Kiev by Turkmen President Saparmurat Niyazov. The agreement provides for Turkmenistan to supply Ukraine with 250BCM of gas between 2002 and 2006. The two countries already have an agreement covering shipments of 30BCM for 2001 at a price of $40 per 1,000 cu ms at the Turkmen border. Under the new deal gas shipments will increase...