Putin hosts Turkmen counterpart after signing Caspian deal


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

MOSCOW (AP) — Russian President Vladimir Putin has hosted the leader of Turkmenistan for talks following the signing of an agreement on that divides the resources of the Caspian Sea among neighboring countries.

Putin's talks with Turkmen President Gurbanguly Berdymukhamedov followed Sunday's summit in Kazakhstan, where Russia, Iran, Azerbaijan, Turkmenistan and Kazakhstan signed a convention aimed at ending decades-long uncertainty over resource exploitation.

Putin said Wednesday he would like to discuss bilateral ties following the convention's signing.

Russia stopped buying Turkmenistan's natural gas in 2016 amid a slump in global prices, citing contract violations by Turkmenistan. Turkmenistan then halted shipments of natural gas to Iran, citing Iran's debt for previous supplies, and was left with China as its sole customer.

Officials hint Russia may resume gas imports from Turkmenistan in the near future.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast