SOCAR ups gas delivery to power stations

Oil&Gas Materials 16 March 2009 11:16 (UTC +04:00)

Azerbaijan, Baku, March 16 / Trend /

In January to February 2009, Azerenerji JSC received roughly 909 million cubic meters of gas as fuel, compared to roughly 723 million cubic meters in January  to February 2008, the State Oil Company of Azerbaijan Republic (SOCAR) reported.

In February, Azerenerji received roughly 465 million cubic meters of gas.

In 2008, Azerenerji received roughly 5 billion cubic meters of gas compared to 3.4 billion cubic meters in 2007.

In April 2007, Azerbaijan's gas operation mutual account system was changed. Today, SOCAR sells gas directly to Azerenerji, whereas previously Azerigaz JSC was in charge of the operation.

Azerenerji failed to pay Azerigaz for the supplied gas in a timely manner and Azerigaz became indebted to SOCAR. Today, Azerigaz only transports gas to power stations.