Turkish watchdog says 26 firms apply for West pipeline deal
Twenty-six companies, including Austria's OMV, Turkey's Aygaz, Zorlu , Aksa, Demiroren and Turcas have applied for a licence to transfer 4 billion cubic metres (bcm) of natural gas through the West Pipeline, Turkish Energy Market Regulator said on Wednesday.
Russia's top natural gas producer Gazprom and Turkey's Botas ended a contract last month to buy 6 bcm of gas annually due to a pricing disagreement.
The amount of natural gas to be transferred annually will be 4 bcm from 2012 to 2014, 5 bcm in 2015 and 6 bcm in 2016, the energy market watchdog said in the statement. The West pipeline runs from western Turkey to Russia via Ukraine.
The amount of natural gas to be transferred annually will be 4 bcm from 2012 to 2014, 5 bcm in 2015 and 6 bcm in 2016, the energy market watchdog said in the statement. The West pipeline runs from western Turkey to Russia via Ukraine.
Last Update: November 24, 2011 11:25