"Gazprom" persuades Botas to accept discount rate

But risks being late with the "Turkish stream".

"Gazprom" was able to push through its position in the negotiations with the Turks: Botas state company agreed to Russian conditions for a discount on gas. This will give "Gazprom", according to rough estimates, up to $ 70 million in additional revenue this year. But within four months of discount talks Moscow did not achieve the main goal - the signing of agreements with Turkey on "Turkish stream". Now it will be more difficult: after the parliamentary elections in Turkey the position of the ruling party, which supported the gas project of "Gazprom", greatly weakened.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer