GAS PRICE MAY GO UP IF AZERBAIJAN AND TURKEY REACH ACCORD

news.am
Nov 23 2009
Armenia

Azerbaijan and Turkey will reach an agreement on gas supply this
December. Presently, the sides already agreed on a number of issues
and the signing of a treaty is expected, where the gas price for the
next year will be set, 1news.az reports.

"The talks with Turkish Botas Company continue and in case the
agreement on gas price is reached, the experts do not rule out the
possibility that price will increase by 70% in domestic market. If
gas is purchased at U.S. $250-260, the price in domestic market will
go up to U.S. $280-290," the website reads.

Azerbaijan started claiming about the increase of gas price after
Armenia-Turkey Protocols signing, though it says not a single word
of Karabakh issue.