Russia Gains Control of Turkomen Gas Exports

This development cements Gazprom’s position as the 800 lb gorilla in the world natural gas market.

It looks like they will sign similar projects with Kazakhstan and Uzbekistan.

An interesting note is that the deals appear not to be particularly good for Gazprom, it’s unlikely that they will make much money out of them, but what it does do is likely kill a gas pipeline on a southern route through Turkey, which the US had been pushing to minimize Russian influence in Europe.

Leave a Reply