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Ankara seeking better terms to renew gas supply contracts

Ankara seeking better terms to renew gas supply contracts

Ankara expects gas suppliers to offer more competitive pricing and flexibility if they want to renew long-term contracts totaling 16 billion cubic meters a year, a senior energy ministry official said. More than a quarter of Turkey’s longterm gas contracts expire next year, including imports via pipeline from Russia’s Gazprom and Azerbaijan’s SOCAR and a...