(ECO) PROGRESS IN TALKS FOR SHAH DENIZ PROJECT.ISTANBUL, Jul 10, 2009 (TUR tur: see ibex. ) -- Turkey's Energy and Natural Resources Minister Taner Yildiz said there was progress in talks with Azerbaijani oil authorities for the Shah Deniz Projects. Yildiz who met with the Azerbaijani delegation headed by President of the State Oil Company of Azerbaijan Republic The State Oil Company of Azerbaijan Republic (SOCAR) and its many subsidiaries are responsible for the production of oil and natural gas in Azerbaijan, for operation of the country's two refineries, for running the country's pipeline system, and for managing the country's oil and (SOCAR SOCAR State Oil Company of Azerbaijan Republic SOCAR Shuttle Operational Capability Assessment Report ) Rovnag Abdullayev said they discussed a wide range of issues including, "Shah Deniz 1" and "Shah Deniz 2" projects, transit tariffs This is a list of tariffs and trade legislation:
He said Turkish side made a proposal for unit prices for natural gas and that it was the guest delegation's turn to make a counter proposal. Answering a question as to whether Azarbaijan's recent agreement with Russia caused a rise in prices, Yildiz said Turkey made its proposal before the said agreement. "We still stand by our offer because we belive our offer looks out for the feasibility of the project and interests of both countries at the same time," said Yildiz. (THROUGH ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. PULSE) |
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