...

SOCAR exports over 750 m. cu. of gas to Russia

Oil&Gas Materials 4 December 2010 12:35 (UTC +04:00)

Azerbaijan, Baku, Dec.4/ Trend /

The Sate Oil Company of the Azerbaijan Republic (SOCAR) exported over 759.4 million cubic meters of gas to Russia in January-November under the mid-term contract, compared to 698.64  million cubic meters in January-October, SOCAR said.

The company exported about 60.8 million cubic meters of gas to Russia in November compared to over 80.6 million cubic meters in October.

The medium-term contract on the purchase and sale of Azerbaijani gas to Russia was signed between SOCAR and Gazprom in Baku on Oct. 14. The contract covers 2010-2014.

Under the agreement, Azerbaijan will supply gas no less than 500 million cubic meters to Russia annually. The contract does not specify a limit to the volume of gas supplies.

Azerbaijan began gas supplies to Russia on Jan. 1.

Tags:
Latest

Latest