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Russia's Gazprom Refuses to Buy Natural Gas from Turkmenistan - Turkmengaz

© Sputnik / Ramil Sitdikov / Go to the photo bankGazprom building in Moscow
Gazprom building in Moscow - Sputnik International
According to Turkmengaz, Russia's Gazprom Export company has notified Turkmenistan's Turkmengaz national gas company of a decision to terminate purchases of Turkmen natural gas.

A picture shows a compressor station of Ukraine's Naftogaz national oil and gas company near the northeastern Ukrainian city of Kharkiv on August 5, 2014. - Sputnik International
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ASHGABAT (Sputnik) Russia's Gazprom Export company, the export arm of energy giant Gazprom, has notified Turkmenistan's Turkmengaz national gas company of a decision to terminate purchases of Turkmen natural gas, Turkmengaz said on Monday.

According to the company, Gazprom Export cited current trends on the global gas markets, as well as "a number of financial and economic issues" as reasons for the decision.

Gazprom has not yet commented on the issues.

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