Interesting, Gazprom has history of blowing gas pipe lines when it becomes burden on their profits. They fckd Turkmenistan badly in 2009
www.reuters.com
MOSCOW/ASHGABAT (Reuters) - Turkmenistan threatened to take Russia to court over last month’s gas pipeline explosion, RIA news agency reported, escalating a dispute that has severed a vital energy link through Russia to Europe.
Turkmenistan blames Russia for blowing up the pipeline, which carries more than half of its most valuable export, by cutting the gas flows without enough warning.
“When you shut off the flows, you get what is called a vacuum-bomb effect,” Odek Odekov, head of Turkmen state geological institute Turkmengeologia, told reporters during an energy conference in Paris, RIA reported.
“The system has to be prepared for a shut-off three days in advance, and Russia did it in the course of one day,” he said.
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Odekov said Turkmenistan has been forced to shut off 195 gas production fields as 92 percent of its exports to Russia remained suspended, Platts news agency reported. The rest is flowing through another link via Kazakhstan to Russia.
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Every month, Turkmenistan is therefore losing between $800 million and $1 billion per month in export revenues, said Mikhail Korchemkin, director of East European Gas Analysis. “Turkmenistan has every right to demand this money,” he said.
Korchemkin estimated that Gazprom is getting an additional $330-450 million per month in net profits out of this situation, while the Russian budget is getting an extra $300-400 million in customs duties.
Turkmen may sue Russia for "vacuum-bomb" pipe blast
Turkmenistan threatened to take Russia to court over last month's gas pipeline explosion, RIA news agency reported, escalating a dispute that has severed a vital energy link through Russia to Europe.
MOSCOW/ASHGABAT (Reuters) - Turkmenistan threatened to take Russia to court over last month’s gas pipeline explosion, RIA news agency reported, escalating a dispute that has severed a vital energy link through Russia to Europe.
Turkmenistan blames Russia for blowing up the pipeline, which carries more than half of its most valuable export, by cutting the gas flows without enough warning.
“When you shut off the flows, you get what is called a vacuum-bomb effect,” Odek Odekov, head of Turkmen state geological institute Turkmengeologia, told reporters during an energy conference in Paris, RIA reported.
“The system has to be prepared for a shut-off three days in advance, and Russia did it in the course of one day,” he said.
.........................
Odekov said Turkmenistan has been forced to shut off 195 gas production fields as 92 percent of its exports to Russia remained suspended, Platts news agency reported. The rest is flowing through another link via Kazakhstan to Russia.
....................
Every month, Turkmenistan is therefore losing between $800 million and $1 billion per month in export revenues, said Mikhail Korchemkin, director of East European Gas Analysis. “Turkmenistan has every right to demand this money,” he said.
Korchemkin estimated that Gazprom is getting an additional $330-450 million per month in net profits out of this situation, while the Russian budget is getting an extra $300-400 million in customs duties.