VOL. XLIII

No. 37

11-September-2000

CASPIAN

Turkmenistan Boosts Gas Exports To Russia By 10BCM This Year

Under a recently signed agreement, Turkmenistan has agreed to sell Russia an additional 10BCM of natural gas during 2000 at a cost of $38 per 1,000 cu ms. The two sides already have an agreement for the purchase by Russia of 20BCM/year at a price of $36 per 1,000 cu ms (MEES, 27 December 1999/3 January 2000), and Turkmenistan has delivered more than 18BCM of natural gas to Russia this year. The...