TODAY.AZ / Business

Russia is major importer of Azerbaijani gas

09 April 2010 [09:14] - TODAY.AZ
In the first quarter of 2010, the State Oil Company of Azerbaijan (SOCAR) exported 423.9 million cu/m of gas.
SOCAR said Russia has become the main importer of Azeri gas – 172.105 million cu/m. Georgia ranks the second with 169.5 million cu/m and Iran ranks third with 82.288 million cu/m.

Gas to the latter is supplied on swap conditions for gas supply of Nakhchivan Autonomous Republic of Azerbaijan.

Export to Russia is carried out in accordance with the contract with Gazprom.

With SOCAR’s minimum commitments of 500,000 cu m, this year the Russian company will be delivered 1 bn cu/m and 2 bn cu/m in 2011.


/Abc.az/
URL: http://www.today.az/news/business/65767.html

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