"Gazprom" persuades Botas to accept discount rate
Edited by Rhod Mackenzie / 2015-06-10 06:25:55
Finance Oil and Gas Russia Turkey Financial results Russia Oil and Gas Turkish Stream Turkey Oil and Gas EU Commission Gas Gazprom Pipelines
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.