Natural gas prices to decrease in 2009, Gasprom says
Posted by meb at November 13th, 2008
Russian natural gas dealer Gazprom announced yesterday that it will lower the price of natural gas it sells to Turkey.
“The natural gas that Turkey imports from Russia will be 20 percent cheaper in 2009,” Sergey Komlev, the president of Gazprom’s export department, said yesterday in İstanbul. Komlev said the price of natural gas was decided in line with oil prices in global markets and since oil prices had fallen recently, Gazprom would decrease the price of natural gas supplied to Turkey. Turkey currently pays $400 per cubic meter of natural gas that is imported from Russia. Komlev also underlined that Russia sold natural gas to Turkey at a cheaper price than it does to European countries.
Komlov asserted that they were unhappy with recent news suggesting that Gazprom was being extortionate in its deals. “However, I don’t think the Turkish government believes such news,” he noted. He also said he expects oil prices will fall further in 2009.
Meanwhile the government will reduce the price of electricity supplied to Organized Industrial Zones (OSB). The efforts of representatives from some OSBs, who have been speaking to the government about a deal for a long time, have borne fruit. Parliament recently approved a piece of legislation to ease electricity prices for OSBs by around 12-13 percent. The new regulation will be put into effect within the next two months.
source: Today’s Zaman
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