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Article: SOCAR hopes to agree price of Shah Deniz gas with Turkish Botas by year- end.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- September 15, 2009
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SOCAR hopes to agree price of Shah Deniz gas with Turkish Botas by year- end
BAKU. Sept 15 (Interfax) - State Oil Company of the Azerbaijani Republic (SOCAR) hopes to reach agreement with Turkish Botas on the price of gas extracted at Azerbaijan's Shah Deniz field before the end of 2009, investment department head Vagif Aliyev told journalists on Tuesday.
Talks with Botas cover both the application of a new price formula for Azerbaijani gas under Shah Deniz Phase 1 as well as prices on gas for Turkey under Phase 2 and charges for gas transit through Turkey.
"The last round of talks with the Turkish delegation headed by Energy Minister Taner ...