• Natural Gas News

    Russia Cuts Deliveries to Turkey's Private Importers

Summary

Gazprom has cut delivery volumes following a price hike to private Turkish companies

by: Iran desk

Posted in:

Natural Gas News, Corporate, Import/Export, Political, Ministries, News By Country, Russia, Turkey

Russia Cuts Deliveries to Turkey's Private Importers

Turkey’s energy minister has confirmed that Russian giant Gazprom has cut gas deliveries to Turkish private companies by 10% over a price dispute. State Anadolu agency reported February 25 that the dispute over prices emerged after Gazprom cancelled a 10.25% discount for private companies in Turkey, which it announced January 29, about a year after it was introduced.

Enerco Enerji, Bosphorus Gaz, Avrasya Gaz, Shell, Batı Hattı, and Kibar Enerji  import gas from Russia in line with an agreement signed in 2012. Turkey imports 28-30bn m³/yr from Russia, of which private companies take 10bn m³/yr.

Diplomatic and economic relations between Moscow and Ankara have been worsening since Turkey shot down a Russian war plane three months ago.

The cut in gas deliveries to Turkey came as Gazprom CEO Alexei Miller announced that its gas exports to Turkey rose by 3.4% in January year on year to 2.82bn m³. 

 

Iran desk