Announcement

Collapse
No announcement yet.

TBILISI: Baku-Ankara Gas Price Deal

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • TBILISI: Baku-Ankara Gas Price Deal

    BAKU-ANKARA GAS PRICE DEAL

    The Messenger
    April 28 2010
    Georgia

    President of Azeri state oil company Rovnag Abdullayev has stated that
    negotiations between Turkey and Azerbaijan over the price of Azeri
    natural gas are almost finalised. Both sides have been anticipating
    the results of these negotiations as many political and economic
    developments depend on them.

    The negotiations concern the price of the gas consumed by Turkey or
    transported via Turkey and the volume of gas transported there. The
    countries were ready to make a final decision some time before but
    what would happen on the date of 24 April was crucial for both sides
    as this is the anniversary of the humanitarian catastrophe at the
    beginning of 20th century when the Armenian population suffered a
    great deal. Baku was concerned that Ankara would retreat under Western
    pressure and open borders with Armenia, thus scuppering the deal.

    If everything goes smoothly the new agreement will be signed either
    in May, when the Turkish President visits Azerbaijan, or June when
    his counterpart visits Turkey.

    It is significant that on April 22 Armenia froze the ratification of
    the Turkish-Armenian protocols, in protest that Turkey is demanding
    that the Karabakh conflict be settled before the border is opened
    and diplomatic relations restored.
Working...
X