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Decision on Sale of Azerbaijani Gas to Gazprom to Depend on Commercial Conditions: Foreign Minister

Politics Materials 29 August 2008 16:26 (UTC +04:00)

Turkey, Ankara, 29 August /corr. Trend T.Aliyev / Official Baku's a decision on sale of Azerbaijani gas to Gazprom JSC will depend on the commercial conditions presented by the Russian side.

"The State Oil Company of Azerbaijan (SOCAR) continues work in this regard. Everything will depend on commercial conditions", Foreign Minister of Azerbaijan, Elmar Mammadyarov, briefed the media on 29 August in Ankara.

Russian gas monopolist Gazprom proposed Baku in June to buy Azerbaijani gas with the market prices on the basis of a long-term agreement. This proposal was made by the Chairman of Board of the Russian company, Aleksey Miller, at the meeting with the President of Azerbaijan, Ilham Aliyev.

Mammadyarov said that Baku did not answer this question and talks continues.

In addition, the Energy Minister of Turkey will visit Baku to discuss this question, Mammadyarov said.

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