Azerbaijan, Baku, March 29 / Trend E.Ismayilov /
At present, the State Oil Company of Azerbaijan Republic (SOCAR) exports about 1.3 million cubic meters of gas per day to Georgia, a source in the oil and gas market said.
"Presently, the company continues gas supplies to Georgia and the figure is 1.3 million cubic meters of gas per day," the source said.
In 2009, the company transferred about 302 million cubic meters of social gas and 140 million cubic meters of commercial gas to the Georgian market, a source in SOCAR Energy Georgia said earlier.
In November 2008, Azerbaijan and Georgia signed the agreement to stir up SOCAR's activity on Georgian gas market during next 5 years beginning from 2009. Under the agreement, SOCAR will launch subsidiaries to supply gas to consumer groups pinpointed by the Georgian government.
Dec. 26, SOCAR and the Georgian Government signed an agreement to operate 30 gas supply grids and gas distribution networks in the Kakheti, Mtskheta-Mtianeti, Shida and Kvemo Kartli, Ajaria, Guria, Imereti, Samegrelo regions of Georgia. These networks are operated by 24 companies. The sides also signed an agreement on gas deliveries for five years, including to social groups of subscribers identified by the Georgian government under the invariability of prices within five years. SOCAR received the networks in February 2009.
In April, SOCAR Energy Georgia acquired a gas distribution network in the Marneuli region populated by Azerbaijani community.
In 2009, the company transferred about 302 million cubic meters of social gas and 140 million cubic meters of commercial gas to the Georgian market, a source in SOCAR Energy Georgia said earlier.
The company also continues gas exports to Russia. Under the mid-term contract on sale of the Azerbaijani gas signed between SOCAR and Russia's gas monopoly Gazprom, Azerbaijan exports 3 million cubic meters of gas per day to Russia, te source said.
"Presently, SOCAR exports three million cubic meters of gas per day to Russia. Gas supplies are carried out at the rate of one billion cubic meters a year," the source added.
The medium-term contract on purchase-sale of Azerbaijani gas to Russia (with the possibility of extension) was signed between SOCAR and Gazprom in Baku Oct. 14. It covers 2010-2014. Under the contract, the Azerbaijani side will annually supply gas amounting to no less than 500 million cubic meters to Russia. The contract did not specify a limit to the gas supply volume. SOCAR will notify the opposite side of the amount which the company can deliver for the next six months.
It was initially planned that SOCAR will supply Russia with 500 million cubic meters of gas. But a decision was made to increase supplies twice, SOCAR president Rovnag Abdullayev said earlier.
Azerbaijan launched gas supplies to Russia Jan.1, 2010.
Gazprom and SOCAR have agreed upon volumes of Azerbaijani gas to be exported to Russia in 2011. In 2011, this figure would be about two billion cubic meters compared to one billion this year.
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