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Moscow, Ankara agree 10.25% discount on gas supply to Turkey

byCustoms Today Report
20/03/2015
in Uncategorized
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ANKARA: Russia’s Gazprom and Turkish pipeline company Botas have agreed a 10.25 percent discount on Russian gas supplied to Turkey, said Turkish Minister of Energy and Natural Resources Taner Yildiz.

The documents on the discount haven’t yet been signed, but that’s a technical detail. The main thing is that we have agreed, and the signatures are on their way,” said Yildiz Wednesday at a news conference, adding that all the rumors about problems in the negotiations with Russia are groundless.

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In February, Yildiz said that after complex and lengthy negotiations Russia had agreed to give Turkey a discount of 10.25 percent on gas supplies. Gazprom had only confirmed reaching an agreement on the price, but not on the size of the discount.

A discount was part of last year’s agreement between Moscow and Ankara over the construction of the Turkish Stream pipeline under the Black Sea. Turkish Stream will be laid instead of the South Stream pipeline canceled in December 2014.

Tags: gas

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