Azerbaijan, Iran sign gas contract

The contract envisages Azerbaijani gas supplies of 100 million cubic meters (1.2 million cubic meters of gas per day) to Iran till March-April.

Iran's northern regions located far from country's major gas fields will be supplied with Azerbaijani gas.

The contract has been signed by SOCAR President Rovnag Abdullayev and NIGEC Managing Director Seyed Reza Kasaei-Zadeh after talks held in Baku.

Azerbaijan and Iran are connected with the Kazi-Mammad-Astara pipeline gas pipeline.

Its length is 1474.5 kilometers, including the territory of Azerbaijan - 296.5 kilometers. Its capacity is 10 billion cubic meters per year.

This route is a branch of the pipeline Gazakh-Astara-Iran, put into operation in 1971. Three compressor stations in Kazi-Mammad, Agdash and Gazakh have been built. Pipe diameter is 1,200 mm.

Modernization of gas infrastructure will enable to supply about 5 million cubic meters of the Azerbaijani gas per day (about 1.8 billion cubic meters per year) to Iran.

Now the infrastructure allows to deliver about 500 million cubic meters of gas per year.

According to BP, gas production hit 116.3 billion cubic meters while using 117 billion cubic meters in 2008.

/Trend Capital/