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    December 17, 2015

    Turkey Still Expects To Receive Gas Discount From Russia

    Translated by Ollie Richardson for Fort Russ
    17th December, 2015

    Despite the sharply deteriorating relations between Russia and Turkey, Ankara has not abandoned attempts to get a discount on Russia's natural gas production, and hopes to receive a discount on gas from Iran. This was reported by TASS with reference to the energy and natural resources Minister of the Turkish Republic, Berat Albayrak.

    Russia is the main supplier of natural gas to Turkey. Last year in Turkey, 26.7 billion cubic meters of Russian gas was delivered. This year it is planned to increase the volume of gas supply from Russia to Turkey to 30 billion cubic meters.

    Gas prices were not officially disclosed, but, according to Turkish media, Turkey buys Russian gas at $425 per thousand cubic meters, Iranian — for 490 dollars for one thousand cubic meters. For Azerbaijani gas supplied via the South Caucasus gas pipeline (Baku—Tbilisi—Erzurum), a country pays $335 per thousand cubic meters.

    Turkey has a contract with Russia to supply 20 billion cubic meters of gas per year, from Iran - 10 billion cubic meters, and from Azerbaijan — 6.6 billion cubic meters.

    Relations between Moscow and Ankara deteriorated after the Turkish air force, on November 24th, shot down a Russian bomber su-24  in the skies over Syria, . The President of Russia Vladimir Putin called Ankara's actions a "stab in the back" from supporters of terrorists.
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    Item Reviewed: Turkey Still Expects To Receive Gas Discount From Russia Rating: 5 Reviewed By: Ollie Richardson
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