Russia has granted Turkey a discount on gas, said Erdogan

Russia has granted Turkey a discount on gas, said Erdogan

MOSCOW, may 26 — RIA Novosti. Moscow and Ankara have reached an agreement on discounts for delivered in 2015 and 2016 gas, said the President of Turkey Recep Tayyip Erdogan.

According to the head of state, represented the Russian side the discount was slightly more than ten percent.

“The pay gap over these two years, namely a billion dollars, will be returned to Turkey,” Erdogan said, quoted by the Anadolu news Agency.

In 2016, Gazprom abolished the discount for Turkish companies to provide gas via Blue stream and Western branch. The Russian side refused to satisfy the request for renewal discounts after which Ankara appealed to international arbitration.

“Blue stream” gas pipeline between Russia and Turkey, laid under the Black sea. Its total length is more than a thousand kilometers, the pipeline was put into operation in 2002.

In late April, was completed the laying of the first gas pipeline “Turkish stream”. Start construction of the second line is scheduled for the third quarter of 2018.

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