Azerbaijan temporarily suspends gas supplies to Russia

Photo: Azerbaijan temporarily suspends gas supplies to Russia / Oil&Gas

Baku, Azerbaijan, Jan. 15
By Emil Ismayilov - Trend:

Azerbaijan has temporarily suspended gas supplies to Russia because of repair operations on the Baku-Russian border road with gas transitions, SOCAR told Trend today.

The date of resumption is unknown.

Azerbaijani gas is supplied to Russia on the basis of the contract on the purchase and sale of Azerbaijani gas with a possibility of extension. The deal was signed between SOCAR and Gazprom in Baku on October 14, 2009.

According to a 2010 supplement to the contract, Gazprom was to receive two billion cubic meters in 2011 and over two billion cubic meters of gas in 2012. However, according to the results of last year, the Russians did not get the full amount of the planned volume.

The additional agreement to double the volume of Azerbaijani gas purchased by Russia from 1.5 to 3 billion cubic meters was signed by both sides in Sochi on January 24, 2012.

Translated by NH
Edited by CN

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