Dubai : Turkey is discussing new contracts for gas supply from Russia, Azerbaijan, and other states, in time to clinch new deals before the expiration of contracts currently in effect, Alparslan Bayraktar, Turkish Deputy Minister of Energy and Natural Resources, said on Tuesday.
The sides are negotiating new volumes and new deals, as some of them will terminate soon, including the agreement with the Russian energy giant Gazprom, which expires in late 2021, Bayraktar told reporters on the sidelines of the Gastech conference, being held in Dubai from September 21-23.
Turkey is also in discussions for potential new contracts for liquefied natural gas (LNG) with the other countries, he went on, adding that the matter of LNG supply from Russia is not on the table since the conventional deliveries via the gas pipeline TurkStream remain a priority for Turkey.
Bayraktar did not specify the volumes of contracts under negotiations.
When asked about Ankara’s intention to sign a gas transit deal with Moscow, he said that the government will do it as soon as possible. In mid-summer, Russian Deputy Prime Minister Alexander Novak said that Moscow-Ankara negotiations on a long term Russian gas transit through the Turkish territory were underway.
By the end of the year, Turkey expects its gas consumption to reach 60 billion cubic meters, and further rise to 70 billion cubic meters annually, according to Bayraktar.
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