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Agreement between the Government of the Russian Federation and the Government of the Republic of Turkey on delivery of the Russian natural gas to the Republic of Turkey through the defined area of water of the Black Sea (1997)

Document type
Bilateral
Field of application
Regional/restricted
Date
Dec 15, 1997
Source
FAO, FAOLEX;  IUCN (ID: TRE-149502)
Place of adoption
Ankara
Language
Russian
Entry into force
May 14, 1998
Subject
Energy
Keyword
Natural gas Transport/storage Internal trade International agreement-text
Abstract

The Parties have agreed that the Russian Federation must ensure delivery and the Republic of Turkey must ensure purchase of the Russian natural gas to be delivered by pipeline through defined area of water of the Black sea in accordance with the following amounts and terms of delivery (billions of cubic measures): 2004 – 12, 0, 2005 – 12, 0, 2006 – 14, 0, 2007- 2025 – 16, 0 annually. The contracting parties are the company “Botash” and export company “Glavexport RAO Gasprom”. Natural gas delivered from the Russian federation to the Republic of Turkey cannot be re-exported to the third countries without prior mutual agreement between the Parties. The present Agreement shall be valid till the 31st of December 2025. It can be prolonged for subsequent five-year periods unless one of the Parties informs the other not less than 4 years before the expiration date of the present Agreement of its intention to cease it.

Full text
Other  
Website
www.government.ru

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Turkey -

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