21:15 GMT28 October 2020
Listen Live
    Business
    Get short URL
    1104
    Subscribe

    Russia and Algeria will boost cooperation in energy projects. Russia's Gazprom and Turkey's Botas agreed on a discount on gas deliveries.

    MOSCOW (Sputnik) – Russia and Algeria will strengthen efforts and increase the number of projects in joint oil and gas cooperation, Energy Minister Alexander Novak said Friday.

    “I can confirm that the number of the joint projects is not very considerable. We [Novak and Algerian Finance Minister Abderrahmane Benkhalfa] have agreed that we will use every effort to strengthen cooperation on that front,” Novak told journalists.

    Russia's Gazprom, Turkey's Botas Agree on 10% Gas Delivery Discount

    Russian energy giant Gazprom and Turkey’s Botas gas corporation have agreed on a 10-percent discount on gas deliveries, the minister said.

    “According to my information, an agreement on discounts on [gas deliveries] has been reached between Gazprom and Botas. According to the agreement discussed earlier and as it stands today, this is 10.25 percent,” Novak told reporters.

    Related:

    Russia, Algeria to Expand Cooperation as Partnership Deepens: Minister
    Russia, Algeria Agree to Cooperate in Nuclear Energy, NPP Project Possible
    Russia Sends Intergovernmental Agreement to Turkey on Stream Pipeline
    Greece to Continue Turkish Pipeline for Delivering Russian Gas to Europe
    Tags:
    Oil, energy cooperation, gas, Botas, Gazprom, Abderrahmane Benkhalfa, Alexander Novak, Russia, Algeria, Turkey
    Community standardsDiscussion