Thursday, 12 October 2006

UZBEKISTAN TO ALMOST DOUBLE GAS EXPORT PRICE

Published in News Digest

By empty (10/12/2006 issue of the CACI Analyst)

Uzbekistan warned Russia and its Central Asian neighbours on Thursday it would almost double its gas export price at the start of next year. Uzbek state pipeline company Uztransgas published a statement in an Uzbek newspaper saying it would charge $100 per 1,000 cubic metres from Jan.1, 2007, up from a current $55-60.
Uzbekistan warned Russia and its Central Asian neighbours on Thursday it would almost double its gas export price at the start of next year. Uzbek state pipeline company Uztransgas published a statement in an Uzbek newspaper saying it would charge $100 per 1,000 cubic metres from Jan.1, 2007, up from a current $55-60. \"Uztransgas has officially informed its trading partners about the higher price for Uzbek gas,\" the company said. Russia is the main buyer of Uzbek gas, importing up to 9 billion cubic metres a year. The move comes just weeks after another big Central Asian gas producer, Turkmenistan, raised its export price after threatening to halt supplies to Russia. A higher Uzbek gas price is also likely to hit smaller and poorer neighbours Kyrgyzstan and Tajikistan, who largely rely on Uzbekistan for their energy needs. (Reuters)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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