New contract on Gazprom's purchase of Turkmenistan's gas may enter into force in the 3rd quarter of 2019, first deputy head of the Russian government office Sergey Prikhodko said ahead of the session of the Council of the Heads of States of the Commonwealth of Independent States (CIS) to be held on Friday in Ashgabat.
"In accordance with the agreements reached in March and April 2019, Gazprom signed a short-term contract on purchasing Turkmenistan's gas. We are currently coordinating a medium-term contract with the Turkmengaz company, which is planned to enter into force in the 3rd quarter of 2019," Prikhodko said, TASS reports.
He also said that during Russian Prime Minister Dmitry Medvedev's visit to Turkmenistan, other spheres of energy cooperation will be discussed, including exploration and development of deposits in and around the Caspian Sea.