Wednesday, January 04, 2006

Turkey: Russia’s best client for gas

04 January 2006
MTV-MSNBC

ISTANBUL - Turkey is bound to Russian natural gas for 65 percent of its natural gas requirements.
[...]
In 2003, Turkey negotiated the price for Russian gas down from $148 down to $130 but in the last two years the price has doubled {$260}. The bad news is that the increase for 2006 is expected to be 25 percent.
[...]
[...] Fatih Birol, the chief economist for the International Atomic Energy Agency, [...] said that Turkey should seek other natural gas resources other than those of Russia.

Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.

0 Comments:

Post a Comment

<< Home