...

Azerbaijan and Russia Agreed on Electric Power Supplies

Politics Materials 29 December 2006 21:02 (UTC +04:00)
Azerbaijan and Russia Agreed on Electric Power Supplies

Marlen Asgarov, the Vice-President of Azernereji JSC, informed Trend cthat Azerenerji JSC and RJSC EES Rossiyi (United Electrical Networks of Russia) have reached an agreement on signing a contract on supplying Azerbaijan with electric power during the next year.

He said that according to the agreement, in rush hours (five hours in the evening), when Azerbaijan suffers electric power, the Russian party will supply Azerbaijan with electric power at the capacity of 200-250 MWatt.

Presently, the parties are considering the forthcoming electric power price. However, as Mr. Asgarov said, the conditions being considered by the parties were quite acceptable. At the same time, Azerbaijan may raise the price of the electric power Azerbaijan supplies to Russia.

Previously, Mr. Etibar Piriverdiyev, the President of Azerenerji said that Azerbaijan was about to acquire 700 mln. KWAtt/hour of electric power from Russia in 2007.

Earlier, the Russian party claimed that it was about to reduce the electric power supply to Azerbaijan. If earlier, in the winter the capacity of the electric power supply was about 300 РњWatt, this figure will not to exceed 60 РњWatt the next year. If the Russian party supplied Azerbaijan with 100 KWatt/hour per month, then this volume is to be reduced down to 30 KWatt/hour in 2007.

In addition, Russia has forwarded a proposal to increase the tariffs on the electric power it supplies to 4,1 cents per 1 KWatt/hour. Azerbaijan will sell its electric power to Russia at the price of 1,6 cents per 1 KWatt/hour at the volume of 350 mln. KWatt/hour at night. For its part, Russia will supply Azerbaijan with 1 bln. KWatt/hour at the price of 3,636 cents per 1 KWatt/hour during the solar day.

Last year, Russia supplied Azerbaijan with over 1 bln. KWatt/hour of electric power . The supplies were carried out at the price of 2,8 cents per 1 KWatt/hour.

Latest

Latest