The discount on gas for the Turkish private sector has been in place since January 1, 2015.
Gazprom’s recent decision is connected with the crisis in the relations between the two countries.
Earlier, Akfel, Bosphorusgaz and Kibar Enerji companies received licenses to import gas for 30 years.
The fourth company - Batı Hattı received a license for 23 years. The companies are to import six billion cubic meters of Russian gas into Turkey, annually.
According to the agreement, Akfel will import 2.25 billion cubic meters of gas a year from Russia, Bosphorus – 1.75 billion cubic meters, Batı Hattı and Kibar Enerji - one billion cubic meters annually, so around 22 percent of Russian gas imported to Turkey will be purchased by the Turkish private sector.
Gazprom made a 10.25-percent discount on the gas supplied to the Turkish private sector since January 2015.
Turkey is importing 6.6 billion cubic meters of gas per year from Azerbaijan on the basis of a ‘take or pay’ contract. Turkey also buys gas from Iran.
Ankara also has agreements with Algeria and Nigeria for the supply of 4.4 billion cubic meters and 1.2 billion cubic meters of liquefied gas per year, respectively.
Qatar is ready to ensure Turkey’s gas demand and start exporting liquefied natural gas in the volumes required for Ankara, Qatar’s ambassador to Turkey Salim Mubarak said Dec. 17.
Doha and Ankara signed an agreement on supplying some 1.2 bcm of liquefied gas to Turkey. The agreement was signed during the Turkish president’s visit to Qatar in early December.
Gazprom cancels discount on gas for Turkish private sector
29 January 2016
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