Uzbekistan And Russia Ink Crucial Gas Deal ...Middle East

Uzbekistan has reached a deal with Russia’s Gazprom to buy 2.8 billion cubic meters of natural gas annually over the coming two years as part of a broader effort to prevent winter-time shortages. The Energy Ministry said in a statement on June 19 that daily deliveries of 9 million cubic meters of gas will start from October 1. The ministry said in its statement that the tariff will be based on market rates and prices within Uzbekistan. While short of the 6 billion cubic meters per year deal that the Russian media had forecast earlier…

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