BOTAŞ

Turkish BOTAŞ, Azerbaijani SOCAR establish new company to sell gas to Europe - minister

By:
BLACKSEA-CASPIA

Turkish BOTAS and Azerbaijani SOCAR (State Oil Company of Azerbaijan) have established a new company to sell gas to Europe, Turkish Energy and Natural Resources Minister Fatih Donmez said in an interview with CNN Turk, Trend reports.

“We have announced the goal of becoming a gas trading center, and Azerbaijan also supports us in this matter. The Balkan countries request gas from us and Azerbaijan. We’ll act on this issue together”, the minister said.

Azerbaijan, Turkey ink deal for additional gas supply

By:
LEMAN ZEYNALOVA

Azerbaijan and Turkey have reached an agreement for supply of additional 11 billion cubic meters of gas via the Baku-Tbilisi-Erzurum pipeline, said Turkey’s minister of energy and natural resources Fatih Dönmez.

Dönmez dismissed the allegations that Turkey buys gas expensively, noting BOTAS’ natural gas purchase price is in line with the current indicators in the international market and is below $1300 per 1,000 cubic meters.

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