10 February 2012, 20:02 (GMT+04:00)

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Turkey says ready to pay more for Azeri gas transit

Turkey is ready to pay more for transit of Azerbaijan gas across its territory, Turkish Energy Minister said in the sidelines of a signing ceremony for the Samsun-Ceyhan pipeline, Reuters reported.

"We are ready for talks. We have made our offer. This offer is also favourable to Azerbaijan. We always said we will pay more. Azerbaijan have viewed this positively at this initial stage," Taner Yildiz said.

On October 16, Azerbaijan said Turkish terms for gas transit to Europe were unacceptable and the country was considering other routes to Europe.

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