The Turkish and Azerbaijani ministries of energy and industry signed three agreements on transportation of gas from Azerbaijan to Turkey and farther to Europe.

Long gas talks ended on June 7 with the signing of three agreements setting the price for Azerbaijani gas from Shah Deniz-1 and Shah Deniz- 2 oil fields, as well as the amount to be supplied to NABUCCO, CNNTurk reports.

After the signing ceremony, Turkish Minister Taner Yildiz stated the agreements contain crucial points and price adjustmengt clauses.

According to him, the sides reached an arrangement about the gas prices and volume till 2018.  Azerbaijani gas is very important for Turkey and Europe, and the agreement is an additional move to strengthen ties between the states, Yildiz said.