Bank Of Baku

Uzbekistan to buy 2.8 bcm of Russian gas per year

Uzbekistan to buy 2.8 bcm of Russian gas per year
# 19 June 2023 10:25 (UTC +04:00)

Uzbekistan will start importing 9 million cubic metres of Russian natural gas daily from Oct.1 under a deal it has signed with Russia’s Gazprom , the Central Asian nation’s energy ministry said on Monday, APA-Economics reports citing Reuters. 

This volume corresponds to about 2.8 billion cubic metres a year, as gas imports will be used to cover shortages during the cold season, and the agreement covers a two-year period, it said in a statement.

The ministry did not say at what price it would buy the gas which will be delivered through the reversed Soviet-era pipeline connecting Central Asia to Russia.

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