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Price of Turkmen gas supplied to China grows - Wood Mackenzie

Turkmenistan Materials 18 October 2021 18:57 (UTC +04:00)
Price of Turkmen gas supplied to China grows - Wood Mackenzie

BAKU, Azerbaijan, Oct. 18

By Farida Nuri - Trend:

The price of natural gas supplied by Turkmenistan to China increased by 23.9 percent in the first seven months of 2021, according to Wood Mackenzie, Trend reports with reference to the ORIENT news agency.

“From $192 per 1,000 cubic meters in January, the price of Turkmen natural gas reached $238 in July. The data on the rise in prices for Turkmen blue fuel for the period from August to October 2021, when global prices for energy resources increased several times, have not been made public yet,” the report said.

“Turkmenistan remains the leader in the supply of natural gas to China through the gas pipeline. In July, the country exported 2.77 billion cubic meters of natural gas to China, which is many times higher than the volume of supplies from other countries,” the report said.

From January through August 2021, Turkmenistan increased supplies of natural gas abroad by 37 percent compared to the same period of last year. For the first 8 months of 2021, the country exported about 31 billion cubic meters of natural gas, which is 8.3 billion cubic meters more than last year.

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