Gazprom to resume imports from Turkmenistan 

(MENAFN) The Kommersant business daily reported that Russian energy giant Gazprom is expected to resume gas imports from Turkmenistan by November 1 , interrupted earlier this year, AP reported

According to Kommersant, the volume of gas supplies from Turkmenistan up to the end of this year will directly depend on the price. Analysts say Gazprom could purchase more than 10 billion cubic meters of Turkmen gas if the price does not exceed $200 per 1,000 cubic meters.

The problem with Turkmen gas deliveries began in early April, when an explosion and ensuing fire forced Turkmengaz, the country's state-run gas company, to suspend supplies to Russia.

Turkmenistan earlier accused Russia of failing to warn Ashgabat that it was reducing gas imports, resulting in a buildup of pipeline pressure that caused the blast. Gazprom reduced gas imports after a drop in demand from European consumers amid the global economic crisis.