Uzbekistan inks deal on buying gas from Russia for 2 years

Uzbekistan and Russia have signed a two-year contract on natural gas purchase, according to the press service of the Uzbek Foreign Ministry.

Report informs referring to the Russian media that deliveries are scheduled to begin on October 1, the volume of purchases will be 9 million cubic meters per day, about 2.8 billion cubic meters per year.

“The gas purchase and sale agreement was concluded between UzGaztrade JSC and Gazprom Export LLC for a period of two years, signed by Uzbek Energy Minister Zhurabek Mirzamakhmudov and Chairman of the Board of Gazprom JSC Alexei Miller,” the Ministry of Energy said in a statement.

The contract was developed on fully commercial terms and is one of the measures aimed at partially satisfying the annually-growing demand of Uzbek consumers for natural gas.