Purchase contract signed for Turkmen gas
RELEASE
Release
On July 1, the Gazprom Group signed a five-year contract to purchase natural gas from Turkmengas (for the period through June 30, 2024).
According to the contract, supplies from Turkmenistan will add some 5.5 billion cubic meters of gas per year to Gazprom's portfolio.
Background
The Gazprom Group resumed its procurements of Turkmen gas in April 2019. Between April 15 and June 30, a total of 1.2 billion cubic meters was delivered under a short-term contract.