Azerbaijani media reports that SOCAR Turkey Energy jointly with the Turkish gas company Çığ Enerji established the company SOCAR Gaz Ticareti AŞ for gas distribution on the domestic market of Turkey.
According to the report, the company will distribute 700-800 million cubic meters of gas imported into Turkey from Azerbaijan.
As reported, a thousand cubic meters of gas from Azerbaijan costs Turkey $282, whereas a thousand of cubic meters of Iranian and Russian gas – costs $423 and $418 respectively.