August 8, 2011 - 17:21 AMT
Azerbaijan, Turkey to hold gas talks late August

Azerbaijan and Turkey plan to hold new round of talks on gas agreements package on August 26, the Head of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev said.

During the talks, some progress should be made towards signing gas agreements between the two countries, Abdullayev said.

He said that during Turkish Prime Minister Recep Tayyip Erdogan’s visit to Baku in late July, partners in the development of Azerbaijani "Shah Deniz" gas condensate field held talks with the Turkish pipeline company Botas and fixed some progress on the issue, Trend News reported.

Azerbaijan and Turkey plan to reach a transit agreement on Azerbaijani gas supplies to Europe in September 2011, Turkish Ambassador to Azerbaijan Hulusi Kilic said earlier.

The transit agreement envisages the sale of 10 billion cubic meters of Azerbaijani gas directly to Europe through Turkey.