Middle East Economic Survey
VOL. LIV
No 45
7-Nov-2011
CASPIAN
Turkey Renegotiates Terms Of BTC Operation, Secures Gas Prices To 2018
Turkeys Minister of Energy Taner Yildiz announced on 28 October that state firm Botas has secured a decrease in the cost of the gas supplied by Azeri state firm Socar for the operation of gas turbines that support the operation of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline. Mr Yildiz said that Botas International Limited, operator of the Turkish section of BTC,...
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