Putin: Gazprom management will visit Turkmenistan to “continue some contracts”

Russian President Vladimir Putin announced the intention of the leadership of Gazprom to visit Turkmenistan, TASS reports .

"Gazprom's leadership will soon go to Turkmenistan," Putin announced, answering questions after the 6th Caspian Summit in Ashgabat.

The head of state noted that in the traditional areas of energy cooperation, Moscow and Ashgabat have agreements on the continuation of some contracts.

In 2019, Russia resumed imports of Turkmen gas after a four-year hiatus following claims by Turkmengaz that accused Gazprom of Gazprom's insolvency. In response, Gazprom filed a lawsuit demanding a revision of prices for gas purchased from Turkmenistan and a refund of $5 billion for overpayment.

Recall that in 2021, Russia purchased almost twice as much gas as planned from Turkmenistan - 10 billion instead of 5.5 billion.

According to the report of the transnational oil and gas company BP ("BP") Statistical Review of World Energy 2022, in 2021 Turkmenistan increased oil production by 15.5%, and gas - by 20.4%.

Source: Chronicles of Turkmenistan