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Turkey, Azerbaijan fail to agree on gas price

Fri 12 March 2010 | 14:00 GMT

'Turkey and Azerbaijan have not achieved final agreement on natural gas price yet', said Turkish energy minister Taner Yildiz.

He said three issues were in the focus during the negotiations: determination of 7 billion cubic meters of natural gas purchased from Azerbaijan per year, volume and price of Shahdeniz-2 natural gas to be produced in 2016-2017, as well as gas transit price.

The minister said it was not a problem to coordinate above-mentioned technical issues with Azerbaijan.

'But I consider that there is a problem with the issue concerning Armenia. Despite that Turkey says it will not agree with the option not approved by Ilham Aliyev, I think we couldn’t completely explain our position to Azerbaijan. Therefore it is not possible to reach gas deal so far. But I think the agreement will be reached'.

APA


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