No. 47



Turkmenistans Niyazov Says 30BCM/Y Gas Deal With Russias Gazprom Agreed

Turkmen President Saparmurat Niyazov announced on 12 November that an agreement had been reached with Russias Gazprom on the sale of a further 30bn cu ms a year (BCM/y) of natural gas beginning 2001, adding that the deal should be concluded by mid-November. If a final agreement is signed, Gazproms annual purchases of Turkmen gas will amount to 50BCM/y, since nearly a year ago Gazprom...