Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Turkey imports cheapest gas from Azerbaijan

byCustoms Today Report
28/10/2015
in Uncategorized
Share on FacebookShare on Twitter

BAKU: In an interview A-Haber Turkish Energy & Natural Resources Minister Ali Riza Alaboyun put a period to a racket around Azerbaijan-Turkey alleged financial claims about the gas delivery price.

“Turkey did not sustain losses by importing Azeri gas. We can clearly say that Azeri gas is the cheapest gas that Turkey imports. The claims in that regard are totally wrong and baseless,” the minister stated.

You might also like

OGRA directs 41 OMCs to display PM fuel relief signage at petrol pumps

29/09/2026

Punjab set to launch crackdown on token, property tax defaulters

29/09/2026

Turkey has been buying Azerbaijani gas since 2001.

Alaboyun also reminded that Azerbaijan and Turkey agreed on TANAP construction for new gas supplies.

“The two countries have also signed other agreements that envision natural gas cooperation. With those agreements, BOTAS’ share in TANAP rose from 20% to 30%, while Turkish Petroleum’s (TPAO) share in Shah Deniz field and South Caucasus Pipeline increased from 9% to 19%. That way, Turkey’s state companies gained to have a say in the production-transportation-marketing chain in natural gas sector,” the minister added.

The energy ministry also dismissed newspapers’ claims against the reasons for cancelling the proposed Nabucco gas pipeline project.

“Nabucco pipeline was designed to carry Azeri and Turkmen gas to Europe via Turkey. In addition, Iranian and Iraqi gas were also considered to be added to the pipeline. Nabucco project was not found commercially feasible by the Shah Deniz consortium, while Turkey and Azerbaijan agreed to build TANAP instead,” the minister said.

Related Stories

OGRA directs 41 OMCs to display PM fuel relief signage at petrol pumps

byCT Report
29/09/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has directed 41 oil marketing companies (OMCs) to display prescribed banners and...

Punjab set to launch crackdown on token, property tax defaulters

byCT Report
29/09/2026

LAHORE: Punjab’s Excise and Taxation Department has decided to launch a crackdown on token tax and property tax defaulters from...

SECP proposes higher borrowing limits for microenterprises & housing loans

byCT Report
29/09/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed raising the maximum loan limit for microenterprise and housing...

PMA announces nationwide strike over FBR tax policies

byCT Report
29/09/2026

LAHORE: The Pakistan Medical Association (PMA) will lead a nationwide strike on September 30, shutting down medical facilities across the...

Next Post

Shares of IBM fall 4.4% to five-year low of $137.33, closed down 4% in US

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.