Botas pays compensation to Azerbaijan for gas

Botas pays compensation to Azerbaijan for gas The Turkish state pipeline company Botas paid Azerbaijan 186 million liras as part of its obligation on gas agreements signed on a ‘take or pay’ principle, Samanyoluhaber reports on Tuesday, citing sources in the Ministry of Energy and Natural Resources. Botas also paid 1.4 billion liras for unwithdrawn gas to Russia, and 1.3 billion liras to Iran. In 2011, the Turkish State Pipeline Company... Read More

Turkey pays for Azeri gas with 35 % less than market price

Turkey pays for Azeri gas with 35 % less than market price Turkey pays only % 280 per thousand cubic meter (tcm) to Azeri gas which is 2/3 of market price said CESD sources at State Oil Company of Azerbaijan Republic (SOCAR).  Why SOCAR still officially denies publicly announcing what price Turkey currently pays for Azeri gas, although gas agreement between Azerbaijan and Turkey signed a half year ago, is the low price paid by Ankara- CESD sources... Read More