(RFE/RL) -- Russia's gas monopoly Gazprom says it has agreed to import an annual 50 billion cubic meters of natural gas from Turkmenistan in the years 2007-09.
Gazprom today said in a statement it will buy this volume of Turkmen gas at a price of $100 per 1,000 cubic meters. Turkmenistan currently sells it gas to Russia at a price of $65 per 1,000 cubic meters, reports Trend.
Gazprom also said it would import an additional 12 billion cubic meters of Turkmen gas this year at the new price of $100 per 1,000 cubic meters.
Documents to that effect were signed in Ashgabat today during talks between Gazprom's chief executive, Aleksei Miller, and Turkmen President Saparmurat Niyazov.
Miller reportedly told Niyazov that Gazprom will remain Turkmenistan's "most reliable" gas business partner in the future.
Turkmen gas exports to Russia are traditionally re-exported to Ukraine and the South Caucasus.
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