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Azerbaijan Not to buy Gas at Price Proposed by Gasprom SOCAR President

Politics Materials 26 December 2006 13:36 (UTC +04:00)
Azerbaijan Not to buy Gas at Price Proposed by Gasprom  SOCAR President

The Government of Azerbaijan and Russian gas giant Gasprom could not reach an agreement on the volume and price of import gas, Trend reports. Azerbaijan will not purchase Russian gas unless Gasprom disagrees with their own terms. Azerbaijan will not purchase gas at the price of $235 per 1,000 cu m, said Rovnag Abdullayev, the President of the State Oil Company of Azerbaijan (SOCAR) on Tuesday [26 December 2006].

If Ukraine buys gas at the price of $130 per 1,000 cu m, Armenia - $110 per 1,000 cu, then why should Azerbaijan buy at $235 per 1,000 cu m? 85% of gas imported by Azerbaijan is the fuel from Turkmenistan, Kazakhstan and Uzbekistan. We are waiting for Russia to explain the expenses for delivery of gas in the amount of $135 per 1,000 cu m, said Mr. Abdullayev.

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