• 4 minutes Energy Armageddon
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 10 minutes Russia Says Europe Will Struggle To Replace Its Oil Products
  • 1 min GREEN NEW DEAL = BLIZZARD OF LIES
  • 43 mins Reality catching up with EV forecasts
  • 18 hours A Somewhat Realistic View of the Near Future for Electric Vehicles Worldwide
  • 1 day "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 11 days US Oil Independence is a myth and will always be a myth
  • 7 days The Federal Reserve and Money...Aspects which are not widely known
  • 11 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 15 days Natural gas price to spike when USA is out of the market
  • 14 days "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 15 days *****5 STARS - "The Markets are Rigged" by The Corbett Report
U.S. Natural Gas Prices Crash By 7%

U.S. Natural Gas Prices Crash By 7%

United States natural gas prices…

Germany’s Energy Risks Are Fading, For Now

Germany’s Energy Risks Are Fading, For Now

Warm weather and high inventories…

Is Europe’s Natural Gas Crisis Finally Over?

Is Europe’s Natural Gas Crisis Finally Over?

Description: European natural gas inventories…

RFE/RL staff

RFE/RL staff

RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many…

More Info

Premium Content

Uzbekistan Rejects Putin’s Natural Gas Union Idea

  • Putin proposed creating a "gas union" with Kazakhstan and Uzbekistan on November 28.
  • Uzbek Energy Minister Jorabek Mirzamahmudov: Uzbekistan will not give up its national interests in exchange for natural gas.
  • Kazakhstan has yet to commit to any gas union, saying only that it would study the idea.

Uzbekistan has rejected the idea of creating a so-called "natural gas union" with Russia and Kazakhstan that was proposed by Russian President Vladimir Putin last month, a sign of the growing divide between Moscow and former Soviet republics over the war against Ukraine.

Putin proposed creating a "gas union" with Kazakhstan and Uzbekistan on November 28 at talks with Kazakh President Qasym-Zhomart Toqaev in Moscow. Kremlin spokesman Dmitry Peskov said at the time that the idea was proposed to establish a mechanism to ship natural gas between the three countries and to other nations, including China.

While such as deal would help the Central Asian countries ensure supplies during their peak needs, it has met resistance among populations wary of Moscow's intentions, especially at a time when it is waging war in another nearby part of the former Soviet Union.

Uzbek Energy Minister Jorabek Mirzamahmudov said in an interview with the Kun.uz news website published on December 7 that his country would not give up its national interests in exchange for natural gas.

ADVERTISEMENT

"Signing a gas agreement with Russia does not mean an alliance or union...It would be a technical contract," Mirzamahmudov said.

"We will never compromise our national interests. Even if we [agree to receive natural gas from Russia], we will proceed via commercial sales contracts. We will not allow any political conditions to be imposed in return," he added, saying that Uzbekistan will agree to get natural gas from Russia only "at a reasonable price."

Kazakhstan has yet to commit to any gas union, saying only that it would study the idea.

ADVERTISEMENT

Russia is a major natural gas exporter, while the amount of natural gas produced by Kazakhstan and Uzbekistan is barely enough for their own consumption, with shortages especially acute in winter.

The two major economies of the Central Asian region share a gas pipeline to Russia and a pipeline transporting natural gas from Turkmenistan to China.

Moscow has increased its natural gas deliveries to China since European nations began decreasing their dependence on Russian gas amid the Kremlin's ongoing invasion of Ukraine, which started in late February.

Both Uzbekistan and Kazakhstan have kept their distance from Moscow during the war.

By RFE/RL

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage


ADVERTISEMENT


ADVERTISEMENT



Leave a comment
  • MOSTAFA FOUAD on December 09 2022 said:
    the same &quot;independant&quot; group that said that Kazakhstan also will break away from Russia.
    Wait till it sinks in give it few weeks to see:)))

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News