MOSCOW (Sputnik) – Russia and Algeria will strengthen efforts and increase the number of projects in joint oil and gas cooperation, Energy Minister Alexander Novak said Friday.
“I can confirm that the number of the joint projects is not very considerable. We [Novak and Algerian Finance Minister Abderrahmane Benkhalfa] have agreed that we will use every effort to strengthen cooperation on that front,” Novak told journalists.
Russia's Gazprom, Turkey's Botas Agree on 10% Gas Delivery Discount
Russian energy giant Gazprom and Turkey’s Botas gas corporation have agreed on a 10-percent discount on gas deliveries, the minister said.
“According to my information, an agreement on discounts on [gas deliveries] has been reached between Gazprom and Botas. According to the agreement discussed earlier and as it stands today, this is 10.25 percent,” Novak told reporters.