VOL. XLVI
No 27
07-July-2003
CASPIAN
Gazprom Offers Options In Blue Stream Dispute
In an effort to avoid international arbitration Russias Gazprom has proposed several options to Turkey as a means of resolving their dispute over deliveries of natural gas via the newly-completed Blue Stream pipeline. In a statement issued by Gazprom on 2 July, the Russian gas monopoly offered to lower both prices and volumes in all three of its contracts with Turkey over the next five years. It also offered to...
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