Russia, Turkey agree on new gas price formula

10th May 2010, Comments 0 comments

Russia's Gazprom and Turkey's Botash gas pipeline company have agreed on a new price formula for the Russian gas, Sabah daily reported Monday. The memorandum, which envisages the reduction of gas price by at least 10%, is expected to be signed on Tuesday during the official visit of President Dmitri Medvedev to Turkey.

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