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New Gas Price From Turkmenistan Makes Russian-Ukranian Relations Mor

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  • New Gas Price From Turkmenistan Makes Russian-Ukranian Relations Mor

    NEW GAS PRICE FROM TURKMENISTAN MAKES RUSSIAN-UKRAINIAN RELATIONS MORE COMPLICATED
    By Petros Keshishian

    AZG Armenian Daily
    22/06/2006

    Turkmenistan is going to raise the price for its gas twice from the
    second half of 2006. Vedomosti newspaper informed that the price
    for the gas will make $110-125 per 1000 cubic meters. As a result,
    the gas agreement signed between Russia and Ukraine will be broken.

    Aleksey Miller, head of Gazprom Board, and Safarmurad Niyazov,
    President of Turkmenistan, discussed the issue of gas prices and
    volumes, this week. The sides failed to come to agreement. Vedomosti
    cited Niyazov who said that the gas of the same volume will be imported
    to Russia for $110-125 per 1000 cubic meters.

    If Niyazov makes no concessions, Gazprom-Ukraine agreement will
    not come to life. Taking into account the new price, the gas from
    Turkmenistan will cost at last $140 while reaching the Ukrainian
    border. Yet, the Russian-Ukrainian agreement envisages $95 per 1000
    cubic meters.

    "Ukraine will not agree to increase of the gas price, as that will
    mean collapse of the national economy," Ivan Diyak, assistant of
    president of Ukraine, said.
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