Russian gas discount for Turkey is discussable

Read on the website Vestnik Kavkaza

Russian Energy Minister Alexander Novak said that the discount for Russian gas for Turkey may be bigger than 6% in the future, depending on market prices and realization of joint gas projects, RIA Novosti reports.

Novak noted that Turkey had been asking for a discount of 15% for gas.

Russia and Turkey reached an agreement on construction of a gas pipeline under the Black Sea during President Vladimir Putin’s visit to Ankara on Monday. The pipeline will substitute for the failed South Stream project.