Financial Times FT.com

Gazprom faces fines threat over Turkmen gas blast

By Isabel Gorst in Moscow

Published: April 15 2009 03:00 | Last updated: April 15 2009 03:00

A gas dispute between Turkmenistan and Russia escalated this week as the central Asian country threatened to claim damages from Gazprom for a pipeline explosion that has halted its lucrative gas exports.

The incident has exposed Turkmenistan's dependence on Russian gas export routes and could bolster European Union efforts to import Turkmen gas through a pipeline across the Caspian Sea, bypassing Russia.

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