TODAY.AZ / Business

SOCAR president: Azerbaijan to increase gas supply to Russia twice

26 December 2009 [14:00] - TODAY.AZ
SOCAR (State Oil Fund of Azerbaijan) will increase gas supplies to Russia twice - up to 1 bilion cubic meters per year in 2010, SOCAR President Rovnag Abdullayev said on Dec. 26.
"The talks have already been held. Azerbaijan has capacity to increase gas supplies. We will supply Russia with 1 billion cubic meters of gas in 2010," Abdullayev said.

He said gas supplies to Russia will be launched from January 1, 2010 as it was envisaged in the contract.

It was initially planned that SOCAR will supply Russia with 500 million cubic meters of gas. But a decision was made to increase supplies twice. 

/Trend Capital/
URL: http://www.today.az/news/business/58646.html

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