Russia may give new discount in gas prices for TurkeyStaff writer ▼ | December 6, 2014
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.
Good news Russian Energy Minister Alexander Novak:
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 December 1.
The 6 percent gas price discount granted by Russia to Turkey is not final, Turkish Energy Minister Taner Y?ld?z 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,” Y?ld?z said at a news conference on December 2. ■