Azerbaijan, Baku, October 26/Trend, R.Hafizoglu/
Energy Market Regulatory Authority (EMRA) of Turkey approved the proposal of the national company "Bosphorus Gaz" on gas supplies from Kazakhstan jointly with the Russian company "Gazprom", "Zaman" newspaper reported on Saturday.
According to the newspaper, the head of the "Bosphorus Gaz" company Ali Shen said.
According to him, "Bosphorus Gaz" will import some 750 million cubic meters of gas per year for the Turkish State Pipeline Company Botas.
He stressed that the agreement on gas supply from Kazakhstan was signed for the period of ten years.
In April 2013, it was reported that Turkey refused from Russian company Gazprom's proposal to supply gas from Kazakhstan to the country.
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 statistical 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.