Financial Times FT.com

Gazprom faces fines threat over gas blast

By Isabel Gorst in Moscow

Published: April 14 2009 16:06 | Last updated: April 14 2009 16:06

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

The accident, exposing the extent of Turkmenistan’s dependence on Russian gas export routes, could help promote Europe’s campaign to import Turkmen gas through a planned pipeline across the Caspian Sea, bypassing Russia.

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