TURKEY, AZERBAIJAN FAIL TO AGREE ON GAS PRICE

APA
March 12 2010
Azerbaijan

Taner Yildiz ‘Turkey and Azerbaijan have not achieved final agreement
on natural gas price yet’, said Turkish energy minister Taner Yildiz.

He said three issues were in the focus during the negotiations:
determination of 7 billion cubic meters of natural gas purchased from
Azerbaijan per year, volume and price of Shahdeniz-2 natural gas to
be produced in 2016-2017, as well as gas transit price.

The minister said it was not a problem to coordinate above-mentioned
technical issues with Azerbaijan.

‘But I consider that there is a problem with the issue concerning
Armenia. Despite that Turkey says it will not agree with the option
not approved by Ilham Aliyev, I think we couldn’t completely explain
our position to Azerbaijan. Therefore it is not possible to reach
gas deal so far. But I think the agreement will be reached’.