Trend: Russian Gazprom sharply cuts gas purchases in Central Asia

Russian Gazprom plans to reduce the volume of Turkmen and Uzbek gas purchases nearly 10 billion cubic meters and replace these volumes with its own gas in 2015, RIA- Novosti news agency reported on Feb 3.

The deputy chairman of the company Alexander Medvedev made such an announcement while speaking at an investor day in Hong Kong.

"Gazprom, thanks to investments to the mining complex and the transport sector requires no purchase of gas from abroad, regardless the source. Gazprom has enough resources to meet the needs of the market of any region of the Russian Federation, as well as to ensure supplies of gas to our customers both in Europe and in the future, in Asia, " Medvedev said.

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