Industry and Energy

Home page

Industry and Energy

Gas contract between Azerbaijan and Turkey to be signed in Baku, next month

29 April 2010 13:30 (UTC +04:00)

Yildiz added that a protocol codifying the arrangement would be signed next month at ceremonies Azeri President Ilham Aliyev would attend.

Without specifying the details, Turkish Energy Minister Taner Yildiz noted that the sides have reached an agreement on all issues. The main subject of discussions was the price on gas within the framework of Stage-1, price and volume of gas within the framework of Stage-2 of the Shahdeniz project, as well as issues of transportation. A principal agreement has been reached on these main issues.

T. Yildiz, addressing journalists after an energy conference, said the state-owned Turkish Pipeline Corporation BOTAS finalized an agreement with the State Oil Company of the Azerbaijan Republic SOCAR of the transit via Turkey of Azeri natural gas to other nations.