27th International Caspian Oil & Gas Conference

3 - 4 June 2020

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Caspian Oil & Gas Conference - Azerbaijani gas price for Europe to be set on Turkish border

Azerbaijani gas price for Europe to be set on Turkish border
29.03.2016

Azerbaijani gas price for European countries will be set on the Turkish border, Milliyet newspaper reported citing Gurkan Kumbaroglu, president of the International Association for Energy Economics (IAEE).

He said Turkey can play a key role in setting prices for gas to be transported to Europe from Azerbaijan, Russia and Iran.

It is planned to annually transport 10 billion cubic meters of Azerbaijani gas from the Caspian Sea region to Europe through Georgia and Azerbaijan within the Southern Gas Corridor project.

At the initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan

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