Azerbaijan, Baku, June 3 / Trend /
In January-April SOCAR (State Oil Company of Azerbaijan) within the medium-term contract signed earlier with the Russian Gazprom, exported 346.6 million cubic meters of gas to Russia, SOCAR said.
In May SOCAR exported 85 million cubic meters of the Azerbaijani gas to Russia.
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.
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 2010, this figure would be about two billion cubic meters.
Also in January-May SOCAR exported more than 195.5 million cubic meters of gas to Georgia. In May, this figure amounted to over 14.6 million cubic meters.
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.