• 5 minutes Rage Without Proof: Maduro Accuses U.S. Official Of Plotting Venezuela Invasion
  • 11 minutes IEA Sees Global Oil Supply Tightening More Quickly In 2019
  • 14 minutes Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 4 hours Waste-to-Energy Chugging Along
  • 38 mins U.S. Senate Advances Resolution To End Military Support For Saudis In Yemen
  • 41 mins Contradictory: Euro Zone Takes Step To Deeper Integration, Key Issues Unresolved
  • 3 hours Let's Just Block the Sun, Shall We?
  • 1 hour Venezuela continues to sink in misery
  • 10 hours Zohr Giant Gas Field Increases Production Six-Fold
  • 12 hours Regular Gas dropped to $2.21 per gallon today
  • 10 hours No, The U.S. Is Not A Net Exporter Of Crude Oil
  • 6 hours UK Power and loss of power stations
  • 20 hours $867 billion farm bill passed
  • 19 hours USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 22 hours Air-to-Fuels Energy and Cost Calculation
  • 6 hours EPA To Roll Back Carbon Rule On New Coal Plants
  • 4 hours What will the future hold for nations dependent on high oil prices.
  • 11 hours Global Economy-Bad Days Are coming
OPEC+ Deal To Be Forged In March

OPEC+ Deal To Be Forged In March

OPEC and its Non-OPEC partners…

Morgan Stanley Slashes Oil Price Forecast For 2019

Morgan Stanley Slashes Oil Price Forecast For 2019

Investment bank Morgan Stanley has…

Eurasianet

Eurasianet

EurasiaNet.org provides information and analysis about political, economic, environmental and social developments in the countries of Central Asia and the Caucasus, as well as in…

More Info

Tajikistan, Uzbekistan Strengthen Energy Relations

Pipeline

A source at a state-run natural gas company in Tajikistan has told media that they are finalizing negotiations to resume the import of gas from Uzbekistan after a five-year hiatus.

Asia-Plus news website on November 7 cited the official at Tajiktransgaz as saying a preliminary agreement for gas deliveries was reached during recent talks in the Uzbek capital, Tashkent.

No price has been set yet and there is no available information about the volumes to be imported, but the Tajiktransgaz source claimed the cost would be considerably lower than that dictated by global market rates.

Uzbekistan stopped selling gas to Tajikistan in 2012, citing a lack of spare capacity. But that cutoff was preceded by several years of escalating deployment of gas as a diplomatic weapon by Uzbekistan in a long-running dispute with its neighbor.

Starting from 2007, Uzbekistan began to demand Tajikistan pay more for its gas amid complaints of unpaid bills. By 2008, the rate was set at $145 per 1,000 cubic meters of gas, and then up to $300 for that amount the following year. With costs going up, the volume of gas imported by Tajikistan fell and the country gradually transitioned to alternative forms of generating power and heating.

Related: Can Oil Prices Hit $65 This Week?

Uzbekistan’s historic enmity toward Tajikistan has stemmed in large part from the latter’s intent to develop a major hydropower plant that Tashkent worries could have a detrimental impact on its agricultural sector.

The likelihood of Uzbek gas once again flowing into Tajikistan is the result of the efforts of Uzbek President Shavkat Mirziyoyev, who has made mending ties with neighbor the centerpiece of his rule since coming to power last year. Efforts toward Tajikistan so far have focused on easing travel between the two countries and boosting bilateral trade.

By Eurasianet

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

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