“No one could envisage that Turkey and Russia could make such progress in relations in such a short time span. Our trade volume has increased to $32 billion and during yesterday’s meetings we made constructive decisions for the future. As you know, the decision to decrease the gas prices by 6 percent was announced by Putin. But after the press conference we told him this reduction is not sufficient. Talks will continue,” Davutoğlu said during his parliamentary group meeting on Dec. 2.
Turkish officials have not announced the exact amount of reduction they seek, but according to Russian officials Turkey expects a 15 percent reduction in gas prices. Turkey is Russia’s second largest natural gas market.
Before Davutoğlu spoke on Dec. 2, Energy Minister Taner Yıldız said talks on the natural gas prices will continue between the two countries’ state companies and energy ministries aiming to reach a final compromise on the issue. Russia and Turkey have already agreed to increase Russia’s volume of natural gas up to 3 billion cubic meters starting from Jan. 1, 2015.
Recalling that Turkey had resumed the term presidency of the G-20 for one year, Davutoğlu said this was a clear indication of Turkey’s growing weight in world politics.
“This is no longer a country that waits with concern on what decisions big countries will make about its fate; this is a big country that can convene big countries to decide on global issues,” Davutoğlu said. “Turkey’s G-20 leadership will bring about new horizons to our foreign policy.”
[hurriyetdailynews.com]
2/12/14
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Russian Energy Minister Alexander Novak has said the discount for Russian gas for Turkey may increase more than 6 percent in the future, depending on market prices and the realization of joint gas projects, RIA Novosti has reported...
ReplyDeleteNovak noted that Turkey had been asking for a discount of 15 percent for gas.
Russia and Turkey reached an agreement on construction of a gas pipeline under the Black Sea during President Vladimir Putin’s visit to Ankara on Dec. 1.
The 6 percent gas price discount granted by Russia to Turkey is not final, Turkish Energy Minister Taner Yıldız said after its announcement, adding that price negotiations are continuing after Ankara submitted a counter bid seeking a deeper cut.
“We find the Russia’s move positive, but our counter proposal is still being negotiated. We are asking for more of a gas discount from Russia,” Yıldız said at a news conference on Dec. 2.
http://www.hurriyetdailynews.com/russia-may-give-further-discount-in-gas-prices-for-turkey-says-russian-minister-.aspx?pageID=238&nID=75221&NewsCatID=348
4/12/14
Russia may offer Turkey gas discount up to 15% ...
DeleteRussia aims to sell natural gas to Turkey at a six percent discount rate that could be increased further to 15 percent later, Russian Energy Minister said Thursday.
“If the market conditions get more beneficial, we could increase our six percent discount offer to 15 percent afterwards,” Alexander Novak said in Moscow.
Russian President Vladimir Putin announced Monday during his visit to Ankara that Russia would reduce the price of natural gas sales to Turkey by six percent.
Russia provides nearly 60 percent of Turkey’s natural gas supply.
http://www.aa.com.tr/en/headline/430607--russia-may-offer-turkey-gas-discount-up-to-15-percent
4/12/14