Turkey terminates gas deal with RussiaOctober 2, 2011 - 16:39 AMT PanARMENIAN.Net - Turkey decided to terminate its 25-year old deal with Moscow on natural gas supplies, Turkish Energy Minister Taner Yildiz was quoted by CNN-Turk as saying. Turkey, Russia's second largest energy importer, said it would not renew the 1986 deal which expires on December if Russian gas giant Gazprom refuses to cut prices. Under the agreement, Russia is to supply about six million cubic meters of natural gas to Turkey annually through Ukraine, Bulgaria and Rumania. Russia also supplies gas to Turkey directly via the Blue Stream pipeline on the Black Sea bed. In 2010, it supplied 18 billion cubic meters to Ankara, about 60% of Turkey's total domestic gas consumption, RIA Novosti reported. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | India wants Armenia’s proposals on use of Chabahar port India is expecting proposals from Armenia regarding the use of Chabahar port in Iran, Indian ambassador says. Mkhitaryan raises arrest of former Karabakh leaders in Azerbaijan Inter Milan star Henrikh Mkhitaryan has shared a news story about the extension of the arrest of former Karabakh leaders. Ucom Celebrates Telecommunication Day May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865. Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. |