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23.04.2014 Turkey to abandon take-or-pay principle in gas agreements

Turkey intends to deviate from a 'take or pay' principle in executing gas supplies agreements with Azerbaijan and Iran, Azernews reported on April 22.

05.03.2014 Gazprom may fine Ukraine $12 billion

Gazprom has the right to request the Ukrainian state-owned company Naftogaz Ukrainy to pay $12 billion in damages for buying too little natural gas in 2013, Russia’s National Energy Security Fund has said.