13:03 GMT +322 September 2019
Listen Live
    Gas pipeline worker checks the valves at the Yapracik installations.

    Turkey to Decrease Dependence on Russian Gas - Turkish Economy Minister

    © AP Photo / Selcan Hacaoglu
    Business
    Get short URL
    3310
    Subscribe

    Turkey is trying to decrease its dependence on Russian gas.

    ANKARA (Sputnik) — Turkey is trying to decrease its dependence on Russian gas, the Turkish economy minister said Monday.

    "The volume of our imports from Russia accounts for $25 billion… We are working to minimize our energy dependence on Russia in the coming years. We are planning to reach it during negotiations with Azerbaijan, Qatar, Northern Iraq and other states," Mustafa Elitas said at the Chamber of Commerce in Kayseri, as quoted by NTV channel.

    Elitas noted that Turkey had received a 40 percent discount on the cost of transporting gas from Azerbaijan, effective from this week.

    Russian-Turkish relations deteriorated following the downing of a Russian Su-24 aircraft by a Turkish F-16 fighter in Syria, on November 24.

    In response to this "stab in the back", as it was described by Russian President Vladimir Putin, Moscow imposed a number of restrictive measures on Turkey, including the suspension of some strategic bilateral projects, in particular, negotiations on the Turkish Stream gas pipeline project.

    Russian gas currently accounts for about 50 percent of Turkey's total gas imports. Following the incident, Turkey has revived talks with Azerbaijan and Qatar on energy cooperation.

    Related:

    Botswana Sells UK Company Right to Drill for Shale Gas in National Park
    Gazprom Gas Exports to France for January-November Increased by 32%
    Doha, Ankara Sign Preliminary Agreement on Gas Deliveries to Turkey
    Tags:
    gas, Mustafa Elitas, Russia, Turkey
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik