Turkmenistan, Russia discuss Caspian gas pipeline project
Turkmenistan, Ashgabat, Dec. 25 / Trend , E.Hasanov/ On Dec. 25, Aleksey Miller, the chairman of the Board of Gazprom Open Joint Stock Company (OJSC), and Tachberdi Tagiyev, the deputy chairman f the Turkmen Cabinet of Ministers, coordinated main terms of technical task on construction of the Turkmen section of the Caspian gas pipeline and installation of complex preparation of gas to transport in South Iolotan field, Gazprom said.
Governments of Russia, Kazakhstan and Turkmenistan signed Agreement on construction of the Caspian pipeline on Dec. 20 in 2007. Its construction targets to transport natural gas from fields of the Caspian Sea and other fields in territories of Turkmenistan and Kazakhstan to Russia. The expected amount of transportation via the Caspian gas pipeline will make up to 30bln cu.m of gas a year from Turkmenistan and to 10bln cu.m a year from Kazakhstan.
In Jun., Gazprom inked an agreement to participate in investment projects in gas field of Turkmenistan. This agreement envisages financing and construction of new main gas pipelines, facilities of fields by Gazprom and increasing capacity of the Turkmen section of the Caspian gas pipeline to 30bln cu.m.
Gazprom OJSC and Turkmenistan are negotiating on price for the Turkmen gas, which Russia will import in 2009.
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