Turkey to decide future of Russian gas contract next week
Istanbul (Platts)--24Aug2011/801 am EDT/1201 GMT
The Turkish government will next week take a decision on renewing the country's first gas import contract with Gazprom, which ended this year, a spokesman for the energy ministry told Platts Wednesday.
The contract, which was signed in February 1986 and ran for 25 years, allowed for the importation of up to 6 billion cubic meters/year of Russian gas via the purpose built Transbalkan gas pipeline which connects the main export line running south through Ukraine and Moldova to Romania, with Turkey via Bulgaria.
Imports through the line began in 1987.
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