TODAY.AZ / Business

Turkey to sell its own gas to Greece to make up for Shah Deniz delay

02 February 2007 [14:31] - TODAY.AZ
Turkey plans to sell natural gas to Greece from its own reserves if delays from the new Azeri Shah Deniz project are extended, an energy ministry official said.

The Azeri-based project, which will provide Greece and a European pipeline network with Caspian gas, is not likely to begin before March, the official said.

"In the case of delay, we plan to export the natural gas that we produce (to Greece), at least at the start," the official said, speaking on condition of anonymity.

The Shah Deniz project began operations in December, but was stopped soon afterward due to leaks and a breakdown in production at the extraction site. Azerbaijan has told Turkey that production will resume in March. Reuters


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