Turkey rejects Take-or-Pay principle in purchases of Azerbaijani and Iranian gas

Turkish Minister for Energy and Natural Resources Taner Yildiz said that the government no longer considered the Take-or-Pay principle in purchases of Azerbaijan and Iran beneficial, Trend reports.Turkey, in his words, will quit the principle in gas contracts with Iran at the end of 2014, with Azerbaijan in 2015. He noted that Azerbaijan and Iran should supply Turkey with enough gas.

Turkish Minister for Energy and Natural Resources Taner Yildiz said that the government no longer considered the Take-or-Pay principle in purchases of Azerbaijan and Iran beneficial, Trend reports.

Turkey, in his words, will quit the principle in gas contracts with Iran at the end of 2014, with Azerbaijan in 2015. He noted that Azerbaijan and Iran should supply Turkey with enough gas.

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