Russia eyes Central Asia as EU presses on with oil price cap and sanctions

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Russia eyes Central Asia as EU presses on with oil price cap and sanctions
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Putin proposes trilateral union with Kazakhstan and Uzbekistan to resolve a gas sector crisis as Russia faces a US-led price cap on its oil and an embargo on crude exports by sea

Putin instructed his government in April to prepare for turning supplies of energy resources to the East amid the West's plan to stop buying them.

During his meeting with Putin, as Russian news agency Interfax reported, the Russian leader suggested forming a “trilateral [gas] union” and Tokayev responded positively, saying, “Why not?”Following the news of the proposal, Tokayev’s spokesman, Ruslan Zheldibay, posted a clarification, saying that discussions of a trilateral union were in order to coordinate the transportation of Russian gas through the territory of Kazakhstan and Uzbekistan.

Peskov noted that creating a gas union implies coordinating the actions of countries in commercial interests. “Work continues in this regard,” he said. Deputy Prime Minister and Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov met with Minister of Trade and Integration of Kazakhstan Bakhyt Sultanov on February 11 to discuss the development of the countries' partnership in trade and investment, transport and industry.

Currently, Kazakhstan and Uzbekistan share a gas pipeline to Russia and a pipeline transporting natural gas from Turkmenistan to China.Beijing has become Russia's biggest buyer of energy imports. It has nearly doubled the amount of oil, gas and coal it procures from Russia since before the war.

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