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Ukraine Eyes Turkmen Gas

Friday 16 September 2011

(The Voice of Russia) – Turkmenistan is a gas-rich nation in former Soviet Central Asia. In the 1990s and early 2000s, Ukraine procured Turkmen gas in exchange for low-grade consumer produce. When Turkmenistan demanded hard currency in exchange, the relationship fell apart, with Turkmen gas producers redirecting their flow to buyers in China and Russia’s Gazprom.

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Yanukovych, left, could convince Berdymuhamedov to supply gas, but delivery via Russia could be a problem.

This Monday and Tuesday, however, the saga took a new turn when President Viktor Yanukovich discussed matters with his Turkmen counterpart Gurnabguly Berdymuhamedov at meetings in Ashgabat. Sources say the discussion produced an understanding to resume discount gas trade – after 2015, when planned transcontinental pipelines around Russia are expected to go into operation.

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