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Business / World Business

Russia's Gazprom reduces gas supplies to Turkey by 10 pct: Sources

Published: 25 Feb 2016 - 04:56 pm | Last Updated: 19 Nov 2021 - 01:52 am
Peninsula

REUTERS/ File photo

 

ANKARA: Russian energy giant Gazprom has reduced natural gas supplies to Turkey's private sector companies by 10 percent due to a price dispute, officials at Turkey's energy ministry told Reuters on Thursday.

Turkish companies have refused to pay a fresh bill sent by Gazprom with higher prices after an initial deal of a 10.25 percent cut in prices was cancelled. Relations between Moscow and Ankara soured after Turkey shot down a Russian warplane last November.

An industry source said Turkey had not requested additional gas supplies from elsewhere following the cut.

REUTERS