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Minister: Turkey to pick all gas within concluded contracts by late 2014

Oil&Gas Materials 21 February 2013 16:30 (UTC +04:00)
Turkey will pick all gas within the contracts concluded with Azerbaijan and Russia by late 2014, Turkish Minister of Energy and Natural Resources Taner Yildiz said on Friday, CIHAN agency reported.
Minister: Turkey to pick all gas within concluded contracts by late 2014

Azerbaijan, Baku, Feb. 21 / Trend R. Hafizoglu /

Turkey will pick all gas within the contracts concluded with Azerbaijan and Russia by late 2014, Turkish Minister of Energy and Natural Resources Taner Yildiz said on Friday, CIHAN agency reported.

According to Yildiz, Turkey has fulfilled all its obligations under the gas agreements signed upon "take or pay" principle.

Earlier, the Turkish state pipeline company Botas announced about paying 186 million lira to Azerbaijan within the commitments on gas agreements signed on "take or pay" principle in September 2012.

Botas also paid Russia 1.4 billion lira for unpicked gas and 1.3 billion lira to Iran.

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