ECONOMY
“Azerbaijani gas is much cheaper than Russian gas for Turkey”
Baku, March 19, AZERTAC
“Azerbaijani gas is much cheaper for Turkey as opposed to the Russian gas”, the Turkish Minister of Energy and Natural Resources Taner Yildiz said.
Russia is the main supplier of natural gas to Turkey. Some 26.7 billion cubic meters of Russian gas were supplied to Turkey in 2014. It is planned to increase the gas supply volume from Russia to Turkey up to 30 billion cubic meters in 2015.
Turkey has the contracts with Russia to supply 20 billion cubic meters of gas per year, with Iran - 10 billion cubic meters, with Azerbaijan - 6.6 billion cubic meters.
Yildiz said in 2014 that Turkey intended to get a 15 percent discount for the gas supplied to the country from Russia by late 2014. Moreover, Yildiz said on December 3, 2014 that Turkey continues the dialogue with Russia on reducing the prices for Russian gas.
FEEDBACK
Other news in this section
- 29.08.2023 [10:41]
Oil prices fall in world markets
- 29.08.2023 [10:34]
Azerbaijani oil price sells for $88.56
- 28.08.2023 [16:41]
Shah Deniz celebrates 200 billion cubic metres of total gas production
- 28.08.2023 [10:49]
Oil prices rise in world markets
- 26.08.2023 [10:53]
Azerbaijani oil price exceeds $88
- 26.08.2023 [10:36]
Oil prices rise in world markets
- 25.08.2023 [11:00]
Azerbaijani oil price drops in world markets
- 25.08.2023 [10:21]
Oil prices rise in world markets
- 24.08.2023 [10:57]
Oil prices fall in world markets
Azeri Light crude dips to $88
- [10:42]
President Ilham Aliyev embarked on working visit to Germany VIDEO
- 25.04.2024 [23:30]
China launches 3 astronauts to Tiangong space station on Shenzhou 18 mission
- 25.04.2024 [20:46]
Five short films to be shot about Wetlands on Northern Black Sea Coast
- 25.04.2024 [20:40]
Milli Majlis of Azerbaijan responds to the European Parliament’s resolution
- 25.04.2024 [20:04]
® Age of innovations kicks off with Bakcell!
- 25.04.2024 [19:20]
LG Electronics’ operating profit falls 10.8 pct in Q1
- 25.04.2024 [18:47]
Euronews TV channel airs reportage on Azerbaijan’s Port of Baku
- 25.04.2024 [18:33]
Azerbaijani taekwondo fighters to compete in Presidents Cup Europe G2
- 25.04.2024 [17:55]
155 dead, 236 injured as torrential rains hit Tanzania
- 25.04.2024 [17:41]
Azerbaijan, Kyrgyzstan sign Memorandum of Understanding
- 25.04.2024 [17:15]
Philippines grapples with measles, pertussis outbreaks: UNICEF
- 25.04.2024 [17:02]
China welcomes progress made in Azerbaijan-Armenia normalization process
- 25.04.2024 [17:01]
Presidents of Azerbaijan and Kyrgyzstan had joint dinner VIDEO
- 25.04.2024 [16:42]
Azerbaijani gymnast into final of 2024 Men’s Artistic Europeans
- 25.04.2024 [16:36]
More than 100 inmates escape after rain damages Nigerian prison
- 25.04.2024 [16:15]
Human remains found in Khojaly district VIDEO
- 25.04.2024 [16:10]
Presidents of Azerbaijan and Kyrgyzstan visited the city of Aghdam VIDEO
- 25.04.2024 [16:01]
US secretary of state lands in China on crucial visit
- 25.04.2024 [15:50]
Azerbaijan showcases its tourism potential in Jordan
- 25.04.2024 [15:47]
Tesla could start selling Optimus robots by the end of next year, Musk says
- 25.04.2024 [15:09]
Egypt welcomes agreement between Azerbaijan and Armenia
- 25.04.2024 [15:02]
Azerbaijan, Kyrgyzstan discuss digital transformation
- 25.04.2024 [14:20]
Toyota fails to meet 10.1 mil. output target in FY 2023 amid scandals
- 25.04.2024 [14:16]
Hungary eager to increase gas supply from Azerbaijan
- 25.04.2024 [14:12]
NASA's Voyager 1 returns intelligible signal for 1st time in months
- 25.04.2024 [14:10]
Azerbaijani film selected for Cannes Short Film Festival
- 25.04.2024 [14:10]
Atalanta beats 10-man Fiorentina 4-1 to reach Italian Cup final vs. Juventus
- 25.04.2024 [13:14]
Iraqi President invited to COP29
- 25.04.2024 [12:45]