Turkey aims to agree on final gas prices with Russia

Minister Yildiz said that in 2015, Turkey will increase its imports of natural gas from Russia.

Turkey aims to agree on final gas prices with Russia

World Bulletin/News Desk

Turkey's Energy Minister Taner Yildiz said on Tuesday that he expects to agree on definite natural gas prices with Russia in the upcoming meeting with Gazprom.

"Russian Gazprom officials will come to Turkey in two days' time and we believe that Turkey will agree final gas prices with them," said Yildiz.

Speaking at a press meeting for the 23rd World Energy Congress to be held in Istanbul in 2016, Yildiz said that in 2015, Turkey will increase its imports of natural gas from Russia.

Russia aims to sell natural gas to Turkey at a six percent discount rate that could be discounted to 15 percent at a later date, Russia's Energy Minister said last week, and added that Turkey’s counter-offer to Russia has not been finalized yet.

Yildiz also spoke on the halting of the South Stream gas pipeline and said that Turkey's various projects, like TANAP, will not be affected negatively because of its suspension.

"Turkey has not been involved in the South Stream pipeline project but recognizes that its halt is a problem for the European partners of the project," he said, and added that Turkey maintains its positive stance on energy projects despite the EU's possible opposition.

Russia’s state-owned Gazprom announced that they suspended the South Stream gas pipeline last week. 

Turkey continues its aims to have an influential role as an energy hub in the region. 

 

Last Mod: 09 Aralık 2014, 15:08
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