State-run Turkmengas concern has received notification from Gasprom Export that since January 2016 Gasprom will stop purchasing Turkmen natural gas, reported the Turkmen state concern.
“The decision is based on the conjuncture at the international gas market as well as separate economic and financial issues of Gasprom Export,” reads the statement of Turkmengas.
The concern said “it is ready to conduct talks” with Gasprom on a wide range of issues related to the economic ties between the concern and the Russian company.
* In 2015 Gasprom reduced purchase of Turkmen gas from 10.4 to 4 bcm.
