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Turkey and Azerbaijan agree on purchase and sale agreement on gas

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71737Turkey and Azerbaijan agreed on purchase and sale part of the intergovernmental agreement, adding that, however, the parties needed time to work more on transit passages part of the agreement.

Turkish energy & natural resources minister said on Friday that Turkey and Azerbaijan agreed on purchase and sale part of the intergovernmental agreement, adding that, however, the parties needed time to work more on transit passages part of the agreement.

Speaking at a news conference regarding the Turkey-Azerbaijan Natural Gas Purchase, Sale and Transit Agreement, Energy& Natural Resources Minister Taner Yildiz said the parties carried out the negotiation process on five topics, underlining that they could not agree on every issue.

Yildiz said the teams would maintain talks and noted that a series of agreements would be signed.

He said there would be a transportation agreement regarding intergovernmental agreement, purchase and sale agreement and transit passage of gas, and noted that some agreements were initialed and some of them were about to be initialed.

“We have agreed on the intergovernmental agreement in principle and in detail. We agreed on issues regarding purchase and sale agreements. Transit passage is a 130 page text. We need time to work on it.”

Azerbaijani Energy Minister Natik Aliyev said there was no difference of opinion, noting that the parties would negotiate the matters and sign them.

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