“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
Top stories update
- [12:00]
Azerbaijan’s rich cultural heritage showcased at Silk Road – 2026 festival
- 10.06.2026 [20:06]
Top stories update
- 10.06.2026 [20:00]
U.S. Embassy delegation tours Azerbaijan Sports Academy
- 10.06.2026 [19:42]
President of Serbia receives Azerbaijan’s Minister of Defense
- 10.06.2026 [18:53]
Washington hosts Trans Caspian Forum 2026
- 10.06.2026 [18:40]
® Baku hosts “Force of Love” 2026 Summer Festival
- 10.06.2026 [18:16]
Speaker Sahiba Gafarova meets with Indonesian Ambassador to Azerbaijan
- 10.06.2026 [18:15]
From Bajram Begaj, President of the Republic of Albania
- 10.06.2026 [18:14]
German ambassador commends progress in Azerbaijan–Armenia peace process
- 10.06.2026 [18:01]
Official reception in Rabat marks Azerbaijan’s Independence Day
- 10.06.2026 [17:51]
Azerbaijan, UK hold talks on draft Convention to eliminate double taxation
- 10.06.2026 [17:42]
Azerbaijan, UK explore prospects for demining cooperation
- 10.06.2026 [17:24]
AZERTAC’s “Children’s Knowledge Portal” expands its outreach to Aghdam
- 10.06.2026 [17:06]
Azerbaijan’s AI and digital economy presented in Ankara
- 10.06.2026 [16:35]
Azerbaijan, Japan enhancing bilateral ties
- 10.06.2026 [16:28]
Major media forum gets underway in Chongqing
- 10.06.2026 [16:26]
Kyrgyzstan, Turkiye discuss cooperation in mining
- 10.06.2026 [16:08]
FM Hoxha: Albania’s EU accession bid has entered its most decisive phase
- 10.06.2026 [16:06]
® SİMA Solutions at International Finance and Banking Summit
- 10.06.2026 [16:05]
Progress on Soyudlu (Zod) Gold Deposit Project reviewed at AzerGold CJSC
- 10.06.2026 [15:54]
Pakistan Army helicopter crashes, all on board killed: military
- 10.06.2026 [15:49]
Azerbaijan Naval Forces hold live fire tactical exercise
- 10.06.2026 [15:41]
Discovery of atmospheric ‘memory’ could ımprove climate forecasting
- 10.06.2026 [15:26]