Looking to Europe, Turkey increases investment in Azeri gas - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Mehmet Cetingulec

Mehmet Cetingulec

Aug 28, 2014

Turkey's Energy Minister Taner Yildiz (L) shakes hands with his Azeri counterpart Natik Aliyev during a signing ceremony in Istanbul May 30, 2014. Turkey's state oil company TPAO signed a deal on Friday to acquire French energy company Total's 10 percent stake in Azerbaijan's Shah Deniz gas project, at a signing ceremony in Istanbul. The agreement increases TPAO's stake in the project to 19 percent from a previous 9 percent, while Total exits the project. Financial details of the agreement were not disclose — Turkish Energy Minister Taner Yildiz (L) shakes hands with Azeri counterpart Natik Aliyev during a signing ceremony in Istanbul, May 30, 2014. — REUTERS/Murad Sezer

Türkçe

Azerbaijan's President Ilham Aliyev receives Turkey's State Honour Medal from his Turkish counterpart Abdullah Gul (R) during a ceremony at the Presidential Palace in Ankara November 12, 2013. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTX15ABA

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Mehmet Cetingulec

Mehmet Cetingulec

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Mehmet Cetingulec

Mehmet Cetingulec

A participant walks past a poster during a meeting of the shareholders of the gas pipeline Nabucco West in Sofia January 10, 2013. The Nabucco West pipeline project has reached a funding deal with companies in the Shah Deniz consortium, boosting its prospects in a competition between two projects that aim to pipe Azeri gas into Europe. The European Union supports the delivery of Azeri gas to the region, which is expected to start in 2018 regardless of the pipeline chosen, to reduce the EU's dependency on Ru

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