Turkish Botas pays compensation to Azerbaijan for gas
Turkish state pipeline company Botas paid Azerbaijan 186 million liras as part of its obligation on gas agreements signed on a 'take or pay' principle, Samanyoluhaber reports on Tuesday, citing sources in the Ministry of Energy and Natural Resources.
Botas also paid 1.4 billion liras for unwithdrawn gas to Russia, and 1.3 billion liras to Iran.
In 2011, Botas imported more than 39.7 billion cubic meters of gas from various sources compared to about 32.5 billion cubic meters in 2010.
Some 349 million cubic meters of gas fell to Botas's export operations in January-July compared to 421 million cubic meters during the same period of 2011. Some 726 million cubic meters of gas fell to export operations in 2011 compared to 660 million cubic meters in 2010.
About 24.21 billion cubic meters of gas were sold in January-July 2012 on the Turkish domestic market compared to 21.9 billion during the same period of 2011.
About 39.4 billion cubic meters of gas were sold on the Turkish domestic market in 2011 compared to about 31.5 billion cubic meters in 2010.
The official exchange rate is 1.795 TRY to $1 on Sept. 11.
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