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Turkey To Pay Azerbaijan Money Difference For Gas

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  • Turkey To Pay Azerbaijan Money Difference For Gas

    TURKEY TO PAY AZERBAIJAN MONEY DIFFERENCE FOR GAS

    PanARMENIAN.Net
    06.11.2009 18:13 GMT+04:00

    /PanARMENIAN.Net/ Turkey will pay Azerbaijan money difference
    accumulated over the past two years from gas sale at $ 120/1 cubic
    meter, said Buyuk Turk Advisor to Turkish Ambassador in Azerbaijan.

    Demand for receiving amount equal to international gas price (which is
    3 times more) was made by Azeri President Ilham Aliyev. Thereafter
    Turkish Premier Erdogan expressed his country's willingness to
    reimburse Azerbaijan. The difference makes up $ 1 billion 131 million.

    "We'll pay to the last penny," Turk said, adding at the same time
    that Azerbaijani government has not returned loan to Turkish Eksimbank
    despite continuing negotiations over the issue.

    "A delegation from Turkish Ministry of Finance will leave Azerbaijan
    for coordinating the issue. There are 654 Turkish-based Azerbaijani
    companies which earn money for Azeri nation after all. Azerbaijan sells
    row cotton to the world although Turkish investors might build textile
    plants in Azerbaijan to be able to export cloth. Turkish entrepreneurs
    can do that too, but it is necessary to create favorable economic
    conditions for that," Novosti-Azerbaijan quotes advisor as saying.
    From: Baghdasarian
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