Bank Of Baku

Azerbaijan and Turkey work on gas transit agreement

Azerbaijan and Turkey work on gas transit agreement
# 17 October 2008 15:31 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. State Oil Company of Azerbaijan (SOCAR) has began negotiations with Turkey on the concept of natural gas transit to Europe, said Murad Heydarov, advisor to the SOCAR President.
He said that Turkey is one of the most viable shortest paths to reach Europe.
According to him, Azerbaijan delivers national gas to Turkey and onward to Greece at present but this is not direct sales by Azerbaijan.
“There is no transit agreement between Azerbaijan and Turkey. The Greeks are interested in buying gas from Azerbaijan directly. Transt gas will come from SOCAR’s fields, Azeri-Chirag-Guneshli and Shah Deniz 2,” he added.
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