» 10/23/2010, 00.00
Turkmenistan seeks new markets for its gas
Russian President Medvedev on a visit to Ashgabat, signs a deal to buy 11 billion cubic meters of gas, but before Moscow bought 40 bcm. The country wants to sell energy, its main resource, and looks to Iran and China. Problems with the European market and India.
07/09/2006 RUSSIA TURKMENISTAN
Turkmenistan raises gas prices by 50 per cent, Russia pays
Russian energy giant Gazprom accepts to pay US$ 100 for 1,000 cubic metres of gas, up from 65. Moscow is vying for monopoly control over energy, looking eastward.
08/01/2010 RUSSIA - CHINA - IRAN
Russia, China and Iran to forge a new energy axis this year
The Iran-Turkmenistan gas pipeline is inaugurated on 6 January. More are expected to link Russia, Iran and China through Central Asia. Europe appears to be losing the race for Caspian Sea and Central Asian oil and gas; it might end up dependent on Moscow for supplies.
Nabucco may finally get underway in 2011
After the preliminary agreement in January between Barroso and Azerbaijan, exploitation of the Azeri gas reserves needs to be tapped. President Aliyev receives the President of Romania indicating agreement not only economic, but includes deeper political ties.
10/08/2009 IRAN – TURKMENISTAN
More Turkmen gas for Iran, less for Europe
Turkmenistan plans to sell Iran 14 billion cubic metres of natural gas per year. Iran is willing to pay market prices. The two countries have recently shown to share common goals, for example over the Caspian Sea’s mineral riches.
Personality cult persists despite change in president
Many analysts have noted that President Berdymukhamedov introduced minimal reforms but heaped honours upon himself. He has reinstated pensions but the people remain hungry. While his foreign policy and energy decisions are eagerly awaited abroad, giant-sized photos of his are being pasted in cities at home.
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