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Azerbaijan to increase gas supply through Iran

Oil&Gas Materials 12 August 2014 13:10 (UTC +04:00)
Azerbaijan intends to increase gas supplies to the Nakhchivan Autonomous Republic and requested to Iran over transportation across the country’s territory in this regard, Iranian Deputy Minister of Oil for International Affairs Ali Majedi said according to the Iranian IRNA news agency.
Azerbaijan to increase gas supply through Iran

Baku, Azerbaijan, Aug.12
By Temkin Jafarov - Trend:

Azerbaijan intends to increase gas supplies to the Nakhchivan Autonomous Republic and requested to Iran over transportation across the country's territory in this regard, Iranian Deputy Minister of Oil for International Affairs Ali Majedi said according to the Iranian IRNA news agency.

At present, Azerbaijan supplies gas to the NAR in the amount of less than one billion cubic meters per year.

Iran intends to accept the proposal of the Azerbaijani side, and a meeting devoted to the subject will be in the near future, according Majedi.

Contract on gas supplies between Iran and Azerbaijan was signed in 2005. On the basis of a contract signed for a period of 25 years, Iran receives Azerbaijani gas in Astara (Iran) and transports it to the NAR. In 2013, Azerbaijan transported 424 million cubic meters of gas through the territory of Iran to Nakhchivan AR.

Edited by CN

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