Gazprom cancels natural gas discount for Turkish companiesJanuary 29, 2016 - 16:17 AMT PanARMENIAN.Net - Russian state-owned energy giant Gazprom has reportedly cancelled a 10.25 percent discount on natural gas for at least six private Turkish companies. According to Stratfor, the companies, Enerco Enerji, Bosphorus Gaz, Avrasya Gaz, Shell, Bati Hatti, and Kibar Enerji, each import at least 10 billion cubic meters of natural gas from Russia annually in line with an agreement signed in 2012. The discount had been in effect since Jan 1, 2015. Unnamed officials said that representatives of Gazprom and the firms met in the recent weeks and decided on lifting the discount. Overall, Turkey imports 60 per cent of its natural gas — 28-30 billion cubic meters annually — and 35 percent of its oil from Russia. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |