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Uzbekistan to deliver gas for Ukraine to Gazprom

Posted by the Editor on January 23, 2006


News / 23 January 2006 | 15:35

Uzbekistan to deliver gas for Ukraine to Gazprom

Uzbekistan to deliver gas for Ukraine to Gazprom

As a result of negotiations between Gazprom President Aleksey Miller and Uzbekistan’s President Islam Karimov, the sides agreed that Uzbekistan would deliver nine milliard cu m of gas to Russian at the price of $60 for 1000 cu m in 2006.

According to agreements between Gazprom and Naftogaz Ukrainy of January 4, 2006, this volume of gas will be sold to Ukraine at $95 for 1000 cu m through the mediation of Swiss trader RosUkrEnergo.

Deducting transportation expenses via territory of Kazakhstan and Russia, clear margin of the mediator will make about $20 from each 1000 cu m, i.e. RosUkrEnergo will earn about 180 million dollars by delivering Uzbek gas to Ukraine.

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