10 February 2012, 20:54 (GMT+04:00)

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Azerbaijan resumes gas supplies to Russia

Azerbaijan, Baku, Jan. 23 / Trend S.Aliyev /

The State Oil Company of Azerbaijan Republic (SOCAR) has resumed gas supplies to Russia and the country's northern regions, Azerigas PU of SOCAR reported.  

"The gas supply resumed at 10:00 [local time] after the work completed on the pipeline, on which gas leak was detected," the PU said.

Gas leakage was detected in the 380-kilometer of the Shirvanovka-Kazimagomed pipeline. The Kazimagomed-Mozdok pipeline transports the Azerbaijani gas to Russia. At present, drain completely eliminated.

The medium-term contract on purchase-sale of Azerbaijani gas to Russia (with the possibility of extension) was signed between SOCAR and Gazprom in Baku Oct. 14. It covers 2010-2014. Under the contract, the Azerbaijani side will annually supply gas amounting to no less than 500 million cubic meters to Russia. The contract did not specify a limit to the gas supply volume. SOCAR will notify the opposite side of the amount which the company can deliver for the next six months.

Earlier, Gazprom and SOCAR have agreed that in 2009 Russia will acquire 1 billion cubic meters of the Azerbaijani gas instead of 500 million and in 2011 the volume of supply will be doubled and reach about 2 billion cubic meters.

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