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Turkey rejects Gazprom’s proposal on gas supplies from Kazakhstan

Oil&Gas Materials 12 April 2013 20:44 (UTC +04:00)

Azerbaijan, Baku, April 12 / Trend A. Taghiyeva /

Turkey refused from Russian company Gazprom's proposal to supply gas from Kazakhstan to the country, "The Lira" newspaper reported today, citing a source in the Turkish Energy Market Regulatory Authority.

Gazprom together with Turkish Bosphorus Gaz company planned to annually import 750 million cubic meters of gas to Turkey within 10 years.

It is reported that Gazprom appealed to Turkish Energy Market Regulatory Authority for a license to import gas about a year ago, but the Turkish Energy Market Regulatory Authority denied the company due to non-profitability of its proposal.

At present, there are 1.8 trillion cubic meters of proven natural gas reserves in Kazakhstan.

According to the statistics data of the Turkish state pipeline company Botas, Botas imported 43.09 billion cubic meters of gas in 2012 from various sources compared to more than 39.7 billion cubic meters in 2011. Russia ranks first, followed by Iran and Azerbaijan among the gas exporters to Turkey.

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