RUSSIAN - TURKISH GAS PRICE
The experts agree that Turkey's state-run Petroleum Pipeline Corporation (BOTAŞ) and Russian state-run Gazprom will be able to agree on discount of natural gas prices before the arbitration process is completed both due to the importance of Turkey's geographical location and Russia's good economic relations with Turkey. A common opinion from experts is that such an agreement will be beneficial for both parties.
BOTAŞ had announced on Thursday that it applied for international arbitration as Gazprom Export had not signed the addendums required for the discount to be applied to natural gas prices for Turkey's purchases from Russia.
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