Valve control wheels are seen at ENN Energy Holdings Ltd.'s liquefied natural gas (LNG) terminal on Zhoushan Island, Zhejiang province, China, on Thursday, Nov. 1, 2018. Gas is in such hot demand in China right now it’s allowing a quirky market to flourish: transporting the fuel on trucks. The country’s top suppliers are loading liquefied natural gas onto tanker trucks and delivering it to users to make up for insufficient pipeline coverage inland. Photographer: Qilai Shen/Bloomberg

Putin Launches Russian Gas Shipments to Uzbekistan

Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia’s industry hit by a flurry of Western sanctions over the offensive in Ukraine.
Despite being home to a wealth of natural resources including gas, the Central Asian country of Uzbekistan has faced energy shortages.
Moscow meanwhile relies heavily on energy revenues but has seen export plummet amid since the offensive. “This is the largest trilateral energy project” between the three ex-Soviet countries, Putin said, after formally launching the shipment. He was hosting a meeting in Moscow with his Uzbek and Kazakh counterparts, Shavkat Mirziyoyev and Kassym-Jomart Tokayev. “The timely implementation of such… project shows that Russia, Kazakhstan, and Uzbekistan are capable of tackling the most complex and ambitious tasks,” Putin said. “Kazakhstan will be able to solve the issue of gasification of its northern and eastern regions” while Uzbekistan will “gain another source of energy”. Putin added that the leaders would during the afternoon discuss further cooperation in the energy sector as a whole.
Russia’s offensive against Ukraine has rattled nerves in Central Asian nations, including Kazakhstan, which has sought to distance itself from Moscow.
But the former Soviet states retain close political and economic ties with Russia.

About Parvin Faghfouri Azar

Check Also

Rystad: Global Upstream could See another $150B Merger this Year

So far this year, the global upstream oil and gas market has seen more than …

Leave a Reply

Your email address will not be published. Required fields are marked *