Middle East Economic Survey


No 19



RWE Delays Gas Supply Agreement With Turkmenistan

Germanys RWE Supply and Trading, a member of the Nabucco Gas Pipeline project and operator of Block 23 offshore Turkmenistan, on 4 May said its expected agreement with Ashgabat covering the supply of natural gas has been pushed back to the second half of 2010. According to Stefan Judisch, CEO of RWE Supply and Trading, Turkmenistan is looking for a guarantee that its gas can transit...