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Gazprom signs five-year contract on Uzbekistan's gas purchase

April 05, 20:18 UTC+3 MOSCOW

Supplies are scheduled to start in 2018

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MOSCOW, April 5. /TASS/. Gazprom signed a contract for purchase of 4 bln cubic meters of natural gas per year in Uzbekistan in five years for the first time, the Russian gas holding said on Wednesday. Supplies are scheduled to start in 2018.

Gazprom bought about 6.2 bln cubic meters of gas in Uzbekistan in 2016.

Chief Executive Officer of Gazprom Alexei Miller and Chief Executive Officer of Uzbekneftegaz Alisher Sultanov also signed an agreement on joint exploration and organization of engineering and innovation work today. The parties will explore new promising blocks in Uzbekistan and review opportunities for cooperation in the engineering sphere.

"We have signed a range of important documents with Uzbekistani partners today. Among them is the first midterm contract for purchase of Uzbekistan’s gas by Gazprom. Russian-Uzbekistani cooperation in the gas field is developing successfully and covering new spheres," Miller said.

Gazprom and Uzbekneftegaz signed an agreement on strategic cooperation in 2002, providing for Gazprom’s participation in natural gas production projects in Uzbekistan on conditions of a production sharing agreement.

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