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Photo: Is Russian gas so dangerous to Azerbaijan? | Oil&Gas
28 January 2015, 22:00

Is Russian gas so dangerous to Azerbaijan?

Gazprom head Alexey Miller’s statement on the Russian gas supply to the Turkish market in late 2016 (via the Turkish Stream gas pipeline) alarmed both market participants and analysts. In particular, it was stressed that Russian gas will directly compete with Azerbaijani gas on the Turkish market. Is it so? Today, Azerbaijan has two contracts for the gas supply to Turkey: the first one ("Shah Deniz-1") on 6.6 billion cubic meters of gas and the second one ("Shah Deniz-2") on 6 billion cubic...