“Azerbaijani gas is much cheaper than Russian gas for Turkey”

Baku, March 19, AZERTAC “Azerbaijani gas is much cheaper for Turkey as opposed to the Russian gas”, the Turkish Minister of Energy and Natural Resources Taner Yildiz said. Russia is the main supplier of natural gas to Turkey. Some 26.7 billion cubic meters of Russian gas were supplied to Turkey in 2014. It is planned to increase the gas supply volume from Russia to Turkey up to 30 billion cubic meters in 2015. Turkey has the contracts with Russia to supply 20 billion cubic meters of gas per year, with Iran - 10 billion cubic meters, with Azerbaijan - 6.6 billion cubic meters. Yildiz said in 2014 that Turkey intended to get a 15 percent discount for the gas supplied to the country from Russia by late 2014. Moreover, Yildiz said on December 3, 2014 that Turkey continues the dialogue with Russia on reducing the prices for Russian gas.