Azerbaijan announces price of gas sold to Turkey
The price of Azerbaijan’s gas exported to neighboring Turkey is currently $330 per 1,000 cubic meters, a senior Azerbaijani official was quoted by the Sabah newspaper as saying on Monday.
"Turkey imports gas from Russia for $450 and from Iran for $420 per 1,000 cubic meters. Azerbaijani gas is supplied to Turkey at the lowest price," said Novruz Mammadov, the Presidential Administration’s head of foreign relations.
At present Turkey receives gas from the Azerbaijani gas
condensate field Shah Deniz in the Caspian Sea via the South
Caucasus Pipeline, a section of the Baku-Tbilisi-Erzurum (BTE)
pipeline. According to the contract, Turkey is to receive 6.6
billion cubic meters of gas during the first phase of Shah Deniz
field development. During Phase 2 of the project, Turkey will
receive 6 billion cubic meters of gas.
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