BOTAŞ

Turkey hopes to renew the bilateral gas deal with Russia upon a new principle of price setting rather than asking for a gas discount upon the existing principles, says Russian Energy Minister Novak Turkey wants to renew the bilateral gas agreement with Russia rather than requesting a discount in the existing deals, Russian Energy Minister Alexander Novak has said.

Turkey's energy enterprise Botas has kicked off the construction of a planned gas link with Bulgaria.

The interconnection grid is to be finished in 2015 and will supply Bulgaria with energy from the Blue Stream, a Russian pipeline delivering gas to Turkey.