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Archive - Mar 19, 2010

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Delays In Turkish-Azeri Gas Deal Raises Uncertainty Over Nabucco

By Saban Kardas

Turkey and Azerbaijan have proven unable to conclude their negotiations on natural gas cooperation, which have been in progress for over one year. Turkish-Azeri gas talks include several issues involving the revision of the price Turkey pays for its imports from Shah Deniz-I, the determination of the volume and price for its imports from Shah Deniz-II, and agreement on the volume and conditions for the transit of Azeri exports to Europe through Turkish territory. READ MORE