• 4 minutes Get First Access To The Oilprice App!
  • 7 minutes Blame Oil Price or EVs for Car Market Crash? Auto Recession Has Started
  • 11 minutes Japanese Refiners Load First Iran Oil Cargo Since U.S. Sanctions
  • 13 minutes Oil prices forecast
  • 3 hours Is Natural Gas Renewable? I say yes it is.
  • 11 hours Oceans "Under Fire" Of Plastic Trash
  • 4 hours *Happy Dance* ... U.S. Shale Oil Slowdown
  • 5 hours Making Fun of EV Owners: ICE-ing Trend?
  • 3 hours Emissions from wear of brakes and tyres likely to be higher in supposedly clean vehicles, experts warn
  • 3 hours Renewables in US Set for Fast Growth
  • 14 hours Algorithms Taking Over Oil Fields
  • 24 mins Chinese FDI in U.S. Drops 90%: America's Clueless Tech Entrepreneurs
  • 16 hours Europe Slipping into Recession?
  • 3 hours Socialists want to exorcise the O&G demon by 2030
  • 21 hours Nuclear Power Can Be Green – But At A Price
  • 10 hours Orphan Wells
  • 18 hours UK, Stay in EU, Says Tusk
Alt Text

Trump Claims Victory As Oil Prices Plummet

Oil prices have fallen over…

Alt Text

Libya’s Oil Future Depends On This Huge Oil Field

Libya’s oil future hinges on…

Alt Text

Why The EU Can't Save Iran

The EU’s plans to create…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Russia and Turkmenistan to Talk on Natural Gas Supplies

Russian president Dmitry Medvedev’s visit to Turkmenistan on October 22-23 is likely to focus on the future of natural gas purchases from that country.

Moscow is traditionally the biggest purchaser of Turkmen gas, but reduced imports in 2009, and is likely to buy only ten billion cubic metres this year, a third of the volume envisaged in its contract.

NBCentralAsia energy experts say Medvedev is unlikely to propose increasing the amount Moscow imports. Turkmenistan would like to see this happening but it does not currently make economic sense for the Russians to do so.

At the same time, Russia is keen to head off plans to transport Turkmen gas to Europe by other routes, for example using the proposed Nabucco pipeline which would go through Turkey. To reach the pipeline, the natural gas would first have to cross the Caspian Sea, but Turkmen officials have recently been discussing the potential for getting liquefied natural gas supplies to Azerbaijan, which could resolve this problem.

According to an energy-sector commentator in the Turkmen capital Ashgabat, "Medvedev wants to establish how sustainable ideas are at this point for transporting unprocessed fuel without going through Russia.”

Medvedev is not expected to sign any agreements during his visit.




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News