Currency converter
All news
News Search Topics
Use filter
You can filter your feed,
by choosing only interesting

Turkish president may discuss discounts for Russian gas — ministry

August 09, 2016, 16:33 UTC+3 BAKU

Russia’s share in Turkey’s total gas imports stood at 50.84% in January-May 2016

1 pages in this article

BAKU, August 9. /TASS/. Discounts for Russia’s gas supplies to Turkey may become one of the issues discussed during the official visit of Turkish President to St. Petersburg, Baku-based Trend News Agency reported with reference to Turkey’s ministry of energy and natural resources on Tuesday.

"During the visit of Turkish President Recep Tayyip Erdogan to Russia Moscow and Ankara may discuss the discount for Russian gas delivered to the country," a source in the ministry told the agency, adding that "the issue of discounts for the Russian gas supplied to Turkey has long been on the top of the agenda." Also, the source said, the sides will discuss the Turkish Stream natural gas pipeline and the Akkuyu nuclear power station during President’s visit to Russia.

According to Turkish media, the price for Russian gas has been $390 per 1,000 cubic meters for private companies starting January 2015. In January-May 2016, Turkey imported 10.14 bln cubic meters of gas versus 11.22 bln cubic meters in the same period in 2015.

According to the data provided by Turkey’s Energy Market Regulatory Authority (EPDK), in 2015 Russia delivered 26.78 bln cubic meters of gas to the country versus almost 27 bln cubic meters in 2014.

Russia’s share in Turkey’s total gas imports stood at 50.84% in January-May 2016.

Russian gas is delivered to Turkey via the Blue Stream and Trans-Balkan gas pipelines.

Turkey also imports gas from Iran, Azerbaijan, Algeria and Nigeria. Also, Ankara and Doha signed an agreement on supplying 1.2 bln cubic meters of liquefied gas from Qatar to Turkey.

Show more
In other media
Partner News