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Azerbaijan Has No Hopes Of Turkey

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  • Azerbaijan Has No Hopes Of Turkey

    AZERBAIJAN HAS NO HOPES OF TURKEY

    Aysor.am
    Saturday, October 17

    Azerbaijan's President Ilham Aliyev said at Government that unresolved
    issue of transit between Azerbaijan and Turkey makes Azerbaijan look
    for new markets, report Russian media sources.

    President Aliyev says the county cannot export gas to Europe because
    Turkey's transit-price exceeded market prices by 70%. Herewith
    Azerbaijan sells its gas to Turkey at a one-third price of world
    standards. Besides, says the President, failed transit issues led
    to delay of the second stage of the project of world's largest gas
    condensate fields of Shah Deniz field in the Caspian shelf, which
    requires injections of $20 billion.

    That is why Azerbaijan signed an agreement with Russia's Gazprom to
    export gas to Russia. He also said that the country can provide gas
    to Iran as well as to EU-countries bypassing Turkey via the Black Sea.
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