The Russian gas firm Gazprom has been in the news lately because of its stand-off with Ukraine over unpaid bills. Now the shoe’s on the other foot: Turkmenistan is alleging that the company hasn’t yet paid for 2015 gas deliveries. Reuters reports:
“Since the beginning of 2015, OAO Gazprom has not paid for its debts to state concern Turkmengas for the shipped volumes of Turkmen natural gas,” Turkmenistan’s Oil and Gas Ministry said in a statement on its official website (www.oilgas.gov.tm). […]“Russian company Gazprom has become insolvent on its natural gas purchase-and-sale contracts due to the continued global economic crisis and …read more
Source: The American Interest
