international magazine
01 / 2008

Intermediaries, STOP!
Central Asia suppliers raise gas prices

After Turkmenistan raised its price of gas for Gazprom, Uzbekistan is set to follow suit. In 2007, the monopoly bought gas in Uzbekistan for $100/1,000 m3. In the first half of this year, the price of gas for the Russian company will rise to $130/1,000 m3, and in the second half, to $160/1,000 m3, the national holding company Uzbekneftegaz announced on 15 January. Uzbekneftegaz representatives announced their intent to raise prices for Gazprom right after it became known the three-year contract to supply Turkmenistan gas to Russia would be reviewed before it ended.