Turkey, Russia agree 10.25 pct natural gas discount, Ankara to get $1 bln payment-Erdogan

Turkey and Russia have reached a retroactive agreement for a 10.25 percent discount on the natural gas Ankara buys from Moscow, Turkish President Tayyip Erdogan said on Saturday. Speaking at an election rally in eastern Turkey’s Erzurum, Erdogan said a $1 billion payment will be made to Turkey under the deal, which followed a Turkish request for a discount on gas first made in 2015. Turkey had gone to arbitration after its request was not met, Erdogan said. …read more

Source:: Yahoo Finance

      

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