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News // Asia

Uzbekistan Increase Gas Price For Asian Neigbors and Russia

17 January 2008 , 12:18940
Uzbekistan imposed a price hike on natural gas on neighbouring Tajikistan and Kyrgyzstan, from 100-115 dollars to 145 dollars per cubic metre. In 2006, it cost 55 dollars.

Uzbekistan also asked Moscow to pay more. Russia buys cheap Uzbek gas for domestic consumption, while it sells its own gas and oil to other countries at high prices, mostly to Western Europe.

Local sources say that at the end of December, Moscow agreed to a higher price, one about the same as what it already pays Turkmenistan.

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