Azerbaijan, Iran sign gas contract

Azerbaijan, Iran sign gas contract

Azerbaijan, Baku, Jan. 13 / Trend /

The State Oil Company of the Azerbaijan Republic (SOCAR) and Iranian National Gas Export Company have signed a short-term contract for Azerbaijani gas supplies to Iran.

The contract envisages supplying Azerbaijani gas to Iran in the total amount of 100 million cubic meters (1.2 million cubic meters of gas per day) until March-April. Iran's north regions distant from major gas fields will be supplied with Azerbaijani gas.

The contract was signed by SOCAR President Rovnag Abdullayev and NIGEC Managing Director Seyed Reza Kasaei-Zadeh after talks held in Baku.

Azerbaijan and Iran are connected with the Kazi-Magomed-Astara pipeline gas pipeline. Its length is 1474.5 kilometers, with 296.5 kilometers covering the territory of Azerbaijan. Its capacity is 10 billion cubic meters per year. This route is a branch of the Gazakh-Astara-Iran pipeline, which was put into operation in 1971.

Three compressor stations in Kazi-Magomed, Agdash and Gazakh have been built. Pipe diameter is 1,200 mm.

Modernization of gas infrastructure will allow to supply about 5 million cubic meters of the Azerbaijani gas per day (about 1.8 billion cubic meters per year) to Iran.

Now the infrastructure allows to deliver about 500 million cubic meters of gas per year.

According to BP, gas production hit 116.3 billion cubic meters while using 117 billion cubic meters in 2008.

Syrian troops destroy terrorist unit in southwest of Raqqa province
Syrian troops destroy terrorist unit in southwest of Raqqa province
UAE registers 894 new COVID-19 cases, 26,898 in total
UAE registers 894 new COVID-19 cases, 26,898 in total
Qatar sends protective equipment to Kazakhstan
Qatar sends protective equipment to Kazakhstan
Loading Bars
Latest
China supplies innovative drip irrigation technology to Uzbekistan
Uzbekistan increasing fuel production
Turkish president makes phone call to Azerbaijani president
TAV Airports look to turn Kazakhstan's Almaty into regional cargo hub
Turkmenistan, Turkey lay emphasis on co-op in trade, humanitarian sectors
Oil prices not to recover to pre-coronavirus levels as quickly as they fell
Kazakh national postal service operator to buy liquefied gas via tender
Uzbekistan lifts some restrictions to boost construction work countrywide
Azerbaijani oil prices for May 18-22
Iran's Khatunabad copper smelter’s production increases
Kazakhstan sees positive signs with its trade volume with Europe
Iran partially pays subsidies to construction company as part of Mehr Housing Project
Kazakhstan closes off Karachaganak field as COVID-19 cases reported
Iran- Iraq trade via Parviz Khan customs checkpoint resumes
MFA: Armenian PM’s congratulations on occasion of Ramadan - highest level of hypocrisy
COVID-19 cases in Uzbekistan increase to 3,180
FM: Azerbaijan, Turkey - together in joy and sorrow
Cement exports from Turkey to Kyrgyzstan fall sharply
Iran's watermelon exporters in Turkey face dilemma, as business suffers
Iran's foreign currency policy slows down exports
Kazakhstan’s oil producing company to buy pipes via tender
Armenia violates ceasefire with Azerbaijan 23 times
Iran Khodro breaks production record despite COVID-19 pandemic
Georgian banks' net profit up
Aston Martin chief to leave, Mercedes-AMG CEO to replace him
Iran allows high-risk businesses to re-open, with new health rules in place
Chamber of Commerce talks Iranian-Tajik trade amid COVID-19
Onshore oil, gas and condensate fields in Azerbaijan
Iran warns of health protocol as COVID-19 cases soar in some provinces
TANAP consortium talks on creation of operator company
Thailand reports 2 new coronavirus cases, 1 more death
Kyrgyzstan reports 30 new COVID - 19 cases, 1433 in total
Armenia ranks 6th with number of daily confirmed COVID-19 cases per million people
Number of COVID-19 cases surpasses 8,500 in Kazakhstan
BSTDB President: Azerbaijan has substantial buffers to mitigate COVID-19 impact on economy
Syrian troops destroy terrorist unit in southwest of Raqqa province
Chinese mainland reports no new domestically transmitted COVID-19 cases
S. Korea reports 16 more cases of new coronavirus, total at 11,206
U.S. COVID-19 death toll nears 100,000, New York Times calls it "incalculable loss"
White House limits travel to U.S. from Brazil due to coronavirus
Italy's COVID-19 death toll rises by 50 to 32,785
Coronavirus could cost Mexico a million jobs: president
UK COVID-19 deaths rise to 36,793 as another 118 patients die
Israel reports no COVID-19 death cases for 4 consecutive days
5.8-magnitude quake jolts Wellington, New Zealand
Spain's coronavirus death toll rises to 28,752
British PM Boris Johnson defends adviser over apparent breach of lockdown rules
India domestic flights to resume, but coronavirus cases rise
Singapore reports 548 COVID-19 cases
Oil demand projected to drop by more than 10% for 2020
Number of COVID-2019 cases across globe up by over 101,000 in past day - WHO
First Vice-President Mehriban Aliyeva extends Ramadan congratulations to the people of Azerbaijan (PHOTO)
Azerbaijani, Turkish FMs hold phone conversation
Areas-supplied with irrigation system to increase in Iran's Sistan and Baluchestan province
Turkey: Coronavirus recoveries at nearly 120,000
Azerbaijan discloses number of coronavirus tests
Israel limits coronavirus cellphone surveillance to 'special cases'
Hong Kong police arrest at least 180 rioters, several officers injured
Iran starts to provide public transport with dual fuel
Peru registers 115,754 COVID-19 cases with 3,373 deaths
5.3-magnitude quake hits 122km SW of Mapastepec, Mexico
Hong Kong police fire tear gas as thousands protest security law
Russian COVID-19 cases increase to 344,481
Azerbaijan confirms 140 new COVID-19 cases, 101 patients recover
Iran and Turkey may open borders soon
Iran's Esfahan Oil Refining Company discloses amount of spending
Azerbaijani president extends Independence Day greetings to King of Jordan
Metallurgical production surges in Azerbaijan
Production of industrial pipes to surge in Azerbaijan
Over 90% of US investments in Azerbaijan account for oil and gas industry
Iran reveals COVID-19 data for May 24
Facilities to be commissioned at airports of Iran's Mazandaran province
EBRD supports Azerbaijan’s tea industry
Apartment prices up in Iran’s capital
Ministry: Iran's mining sector can be alternative to oil sector
Ecosystem of startup projects developing successfully in Azerbaijan
New committee set up in Iran's Ministry of Industry, Mine and Trade
Goureh-Jask pipeline to accelerate Iran's oil exports
Iran announces volume of cargo loaded and unloaded in ports
Azerbaijan’s Agricultural Insurance Fund develops requirements for founders of management company
Anglo Asian Mining PLC talks about projects on existing fields
Peru registers 115,754 COVID-19 cases with 3,373 deaths
5.3-magnitude quake hits 122km SW of Mapastepec, Mexico
Armenia violates ceasefire with Azerbaijan 22 times
ADB reveals planned loans to be allocated for Azerbaijan in 2020-2022
Afghan Taliban announces 3-day ceasefire during Eid al-Fitr festival
Buenos Aires lockdown extended until June 7 after rise in coronavirus cases
China state planner confident consumption to show improvement in May
Vatican Museums, Holy See's cash cow, to reopen from June 1
5.6-magnitude quake hits Mid-Indian Ridge
Fossil of one of the last megaraptors on the planet found in Argentina
Moroccan king pardons 483 prisoners
Rome exhibition marking 500 years since Raphael's death to reopen in June
World Cup winner Goetze to leave Dortmund at end of season
No change to two-meter social distancing rule in Ireland: PM
Spain sees falls in new COVID-19 deaths, cases
Iran parttakes online at NAM summit to combat COVID-19
Azerbaijani IT company talks production of disinfection device
Azerbaijan increases alternative energy production
Azerbaijan’s Central Bank should conduct dialogue with all insurers, says expert
All news