According to Turkish media, Azerbaijan, like earlier Iran, dismissed the proposal of the Turkish side to reduce gas prices.
Earlier Turkey’s Minister of Energy and Natural Resources Taner Yildiz announced the drop in price on supplies of Russian gas, however, refusing to elaborate. He said Turkey will get additional profit from lower prices on Russian gas.
“Today we consider the issue of reducing the cost of Azerbaijani gas supplies to Turky. This issue is also being considered with other suppliers including Nigeria, Iran and Algeria”, Yildiz said.
The talks between Turkey and Azerbaijan on gas prices continue now, the Turkish press reports.
In line with the contract, the volume of natural gas export to Turkey from Shah Deniz gas condensate field is 6.6bn cubic meters.
Taner Yildiz told in November of the last yea that the prices on Azerbaijani gas for Turkey will remain changeless until 2018 within the framework of the first stage of the Shah Deniz gas field development, noting that the prices coordinated with Azerbaijan are most profitable in the region.
On 25 October of 2011, the governments of Azerbaijan and Turkey signed the agreement of intentions ‘On gas sale and purchase’.