However, the minister didn’t specify whether the sides have signed an agreement on a discount on Russian gas supplied to Turkey.
Turkish media earlier reported that Turkey’s BOTAS declined to sign an agreement with Russia’s Gazprom on a 10.25-percent discount on the Russian gas supplied to Turkey. A BOTAS spokesperson later told Trend that the reason is that the Russian side demanded additional concessions from Turkey on construction of the Turkish Stream pipeline.
However, the company didn’t specify what kind of concession it was and added that it was not earlier stipulated during the talks on construction of the Turkish Stream.
Nevertheless, the sides are expected to resume the talks on discount for the gas supplied to Turkey from Russia.
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 2014, and it is planned to increase this figure to 30 billion cubic meters in 2015.
Turkey has contracts with Russia, Iran and Azerbaijan on supplying 20 billion cubic meters of gas, 10 billion cubic meters and 6.6 billion cubic meters per year, respectively.
Gas prices are not officially disclosed, but Turkey buys Russian gas at $425 per 1,000 cubic meters, according to Turkish media. Turkey pays $335 for one thousand cubic meters of Azerbaijani gas that is supplied via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum pipeline). The country pays $490 for 1,000 cubic meters of Iranian gas.
More about:
