Azerbaijan and Turkey are close to resolving a two-year gas-pricing dispute that has soured relations between the two strategic partners and which has stalled development of the Nabucco pipeline.
A comprehensive package that sets the purchase price and transit fees for shipping Azerbaijani gas to Europe via Turkey is expected to be signed on May 16 during Turkish Prime Minister Recip Tayyip Erdogan’s visit to Baku. Experts from Turkey’s state-run BOTAS Petroleum Pipeline Corporation have been working with representatives of SOCAR (the State Oil Company of the Azerbaijani Republic) on the final draft of the agreement for the past few days. The sides signed a protocol agreement on April 26. [For background see EurasiaNet’s archive].
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Shahin Abbasov is a freelance correspondent based in Baku. He is also a board member of the Open Society Institute Assistance Foundation-Azerbaijan.