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Turkey, Russia continue talks on gas discount

Oil&Gas Materials 30 December 2014 16:48 (UTC +04:00)
Negotiations between Turkey and Russia on the discount for the gas supplied from Russia to this country continue.
Turkey, Russia continue talks on gas discount

Baku, Azerbaijan, Dec.30

By Rufiz Hafizoglu - Trend: Negotiations between Turkey and Russia on the discount for the gas supplied from Russia to this country continue, Turkish Minister of Energy and Natural Resources Taner Yildiz said.

Turkey hopes that as a result of the negotiations, it will be able to get discount for the gas supplied from Russia, TRT Haber TV channel reported Dec.30.

The minister said on Dec.11 that the two countries failed to reach an agreement on the gas discount. He added that Turkey intends to get a 15-percent discount for the gas supplied to the country from Russia by late 2014.

Moreover, Yildiz said on Dec.3 that Turkey continues the dialogue with Russia on reducing the prices for Russian gas.

He said that the gas price offered by the Russian side to Turkey is not the final price and expressed hope that the sides will discuss the prices for this gas soon.

Earlier, Turkish Prime Minister Ahmet Davutoglu said Turkey demands that Russia increase its discount for gas supplied to the country.

"After Russian President Vladimir Putin said that Turkey will get a 6-percent discount for Russian gas to be supplied to the country from January 2015, Turkey demanded an increase in the volume of this discount," said Davutoglu.

He said Ankara hopes that taking into account Turkey's demands for natural gas, Russia will make an additional discount.

Russia is the main supplier of natural gas to Turkey. Around 26.7 billion cubic meters of gas was supplied to Turkey from Russia in 2013 and it is planned to increase this figure to 30 billion cubic meters in 2014.

Edited by CN
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