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IEA favors spot gas pricing

Posted on 18 July 2013

The International Energy Agency (IEA) came out in favor of the spot gas market Wednesday over contracts that link gas to oil prices, citing Turkey as an example of a successful renegotiation.
Russian gas export monopoly Gazprom clinched a long-term deal last November to export gas to private companies in Turkey, breaking a previous impasse in gas trade following its price dispute with state gas company Botas………………………………………..Full Article: Source


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