“Turkey has many contracts in the area of gas supplies, with far from everyone fulfilling their contractual commitments,” he said, adding that “Russia stably fulfills (them), both regarding volumes and prices.”
According to Putin, that creates framework conditions for Turkey’s economic development. “Since businessmen understand the future and can rely on those supplies,” he explained.
President added that it is the market, not Gazprom, that determines energy prices. “Although there are also issues and problems here as our Turkish friends insist on some formulas for commercial reasons, while Gazprom offers other solutions,” he said, adding that “those solutions will be found.”