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    Central Asia

    Putin reveals 3 bn cubic meters of gas supplies for Kazakhstan and Uzbekistan, bolstering regional energy growth

    Putin reveals 3 bn cubic meters of gas supplies for Kazakhstan and Uzbekistan, bolstering regional energy growth

    Russian President Vladimir Putin announced on October 5 that Russia would commence full-fledged gas supplies to Kazakhstan and Uzbekistan starting in October of this year. The decision comes in response to the growing energy needs of these Central Asian nations, bolstered by their expanding economies and changing climatic conditions.

    Putin reveals 3 bn cubic meters of gas supplies for Kazakhstan and Uzbekistan, bolstering regional energy growth
    Photo: Putin reveals 3 bn cubic meters of gas supplies for Kazakhstan and Uzbekistan, bolstering regional energy growth 
    Source: Google Images

    Speaking at the plenary session of the Valdai International Discussion Club, President Putin highlighted the collaborative effort that had gone into this significant development. 

    "Taking into account the growing need, considering the growth of the economy of our friends in Central Asia, and recognizing the challenges posed by changing climatic conditions, we were asked to think about starting to supply Russian gas to these countries," Putin stated. "Without these supplies, we understand that meeting their energy demands would be difficult."

    The initial gas supply volume is set at 3 bn cubic meters per year, a substantial figure that reflects Russia's commitment to supporting the energy needs of its neighboring countries in Central Asia. This move is expected to have a considerable impact on the region's energy landscape, fostering economic growth and cooperation between Russia, Kazakhstan, and Uzbekistan.

    Putin reveals 3 bn cubic meters of gas supplies for Kazakhstan and Uzbekistan, bolstering regional energy growth
    Photo: Putin reveals 3 bn cubic meters of gas supplies for Kazakhstan and Uzbekistan, bolstering regional energy growth 
    Source: Google Images

    The decision to supply natural gas to Kazakhstan and Uzbekistan is part of Russia's broader strategy to strengthen its ties with Central Asian nations while promoting economic development in the region. It also aligns with the growing global focus on cleaner energy sources, as natural gas is considered a relatively cleaner alternative to other fossil fuels.

    A few months back, Russia and Uzbekistan achieved a momentous milestone in their partnership by finalizing a significant agreement pertaining to the supply of Russian natural gas to Uzbekistan. The Ministry of Energy has recently divulged that the commencement of Russian gas exports to Uzbekistan is slated for the last quarter of 2023, with transportation facilitated through the territory of Kazakhstan.

    This agreement was formalized on June 16 at the prestigious St. Petersburg International Economic Forum, a global confluence of influential figures from the realms of business and government. The signatories to this agreement were none other than Jorabek Mirzamahmudov, the Minister of Energy of Uzbekistan, and Alexey Miller, the Chief Executive Officer of Gazprom. Notably, Uzbekistan's Deputy Prime Minister, Jamshid Khojayev, also graced the signing ceremony with his presence.

    Kazakhstan and Uzbekistan have been experiencing robust economic growth in recent years, which has resulted in an increased demand for energy resources. Given the unpredictability of climate change, countries in Central Asia, such as Uzbekistan, have had to contend with winter temperatures plummeting to as low as -24 degrees Celsius. Russian gas supplies are expected to play a pivotal role in meeting this demand and supporting the development of critical industries such as manufacturing, agriculture, and infrastructure.

     

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    06.10.2023, 20:31   Comments (0)   635
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